bonus33The Act Applies to all Factories and every other establishments, which employs twenty or more workmen. The Payment of Bonus Act, 1965 provides for a minimum bonus of 8.33 percent ofThe last amendment of 2007 was notified on 13 December 2007 and made effective from 1 April, 2006. The minimum bonus of 8.33% of (Rs. 3500- X 12= Rs. 42,000-) is approximately