Bonus Pay Tax Rate 2025. Calculation of bonus as per bonus act (amendment of 2015) if the gross earning of your employees is below rs.21000 you are eligible to pay a bonus. Tax deduction at source (tds) is one of the important compliances of income tax.
What you may not know is that the irs considers bonus pay a form of earnings known as supplemental wages, which is subject to a separate tax withholding. To see tax rates from.