Corporate Compliance 1 November 2026
Bonus Wage Ceiling Fixed at ₹21,000 Under New Code
The Labour Ministry has confirmed that the statutory bonus wage ceiling will remain at ₹21,000 per employee, as stipulated in the Code on Wages, 2019. The decision was issued in a notification dated 25 August 2026, reaffirming the existing limit and providing clarity for employers and workers across India.
Key Update
- The Labour Ministry reaffirmed the bonus wage ceiling at ₹21,000 per employee.
- Applies under the Code on Wages, 2019.
- Notification dated 25 August 2026 provides official confirmation.
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