Bonus Tax Calculator
Exact tax on your performance or joining bonus
Bonus Type
Tax Computation Inputs
Gross bonus before any deductions
Gross salary, rental, FD interest, etc. — before the bonus
Tax Regime
Age Group
Bonus Tax Impact
Gross Bonus
₹1.00 L
Tax on Bonus
₹66,300
66.3% effective
Net Take-Home
₹33,700
How Tax is Computed
Income without bonus
₹12,00,000
Tax without bonus
₹0
Income with bonus
₹13,00,000
Tax with bonus
₹66,300
Incremental tax on bonus
66.3% of gross bonus — bonus is taxed at your marginal slab
₹66,300
Net bonus in hand
₹33,700
Taxable Income Breakdown
Taxable income (no bonus)
₹11,25,000
Taxable income (with bonus)
₹12,25,000
87A rebate applied
No
Surcharge
None
CA Notes
→ Bonus is fully taxable as salary income — no exemption applies.
→ Employer deducts TDS on bonus at the time of payment. Check your monthly payslip for the TDS impact.
→ Statutory bonus under Payment of Bonus Act is mandatory if you earn ≤ ₹21,000/month (basic+DA). The minimum is 8.33% and maximum is 20%.
→ If your bonus pushes income into a higher slab (e.g. ₹10L → ₹15L), the effective tax rate on the bonus portion will be your new marginal rate.
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FAQ
Bonus Tax Calculator — FAQ
Common questions about this calculator
Yes, bonus is fully taxable as salary income. Your employer deducts TDS in the month the bonus is credited.
Calculations are approximate and for educational purposes only. Excludes surcharge for income above ₹50L. Consult a Chartered Accountant for personalised tax advice.