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An employee shall be disqualified for receiving bonus under the payment of bonus act 1965 if :
he is a member of a trade union
he has not completed one year of continuous service
he is not an efficient worker
he has been dismissed from service for fraud or violent behavior.
Notwithstanding anything contained in the act, an employee shall be disqualified from receiving bonus, if he is dismissed from service for fraud or riotous or violent behaviour while in the premises of the establishment or theft, misappropriation or sabotage of any property of the establishment.The minimum bonus which an employer is required to pay even if he suffers losses during the accounting year or there is no allocable surplus is 8.33 % of the salary or wages during the accounting year, or Rs. 100 in case of employees above 15 years and Rs 60 in case of employees below 15 years, at the beginning of the accounting year,
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