Diwali or Dasara Bonus for Central Govt Employees 2021
Bonus for Central Government Employees not yet announced! Expected the announcement from the Government of India soon! – Click to read more
Bonus (Ad-hoc bonus) Calculator for CG Employees
The quantum of Non-PLB (ad-hoc bonus) will be worked out on the basis of average emoluments/calculation ceiling whichever is lower.
To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a year will be divided by 30.4(average number of days in a month). This will thereafter be multiplied by the number of days of bonus granted.
Bonus Calculation Formula of Central Govt Employees
(Monthly Emoluments x 30) / 30.4
To illustrate, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 7000 × 30 / 30.4 = Rs.6907.89 (rounded off to Rs.6908/-).
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|Bonus for the Year||2018-2019|
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78 Days Bonus for Railway Employees 2021
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel). [Click to read more]
One Day Calculation for Bonus for CG Employees
While calculating the ad-bonus for Central Govt employees for one day, the average emoluments in a month will be divided by 30.4 (average number of days in a month). The calculation formula for 30 days bonus is given below…Click to red full story
Bonus, Bonus Ceiling, Bonus Calculation, PLB Bonus, Ad-Hoc Bonus News and Orders
How to calculate Productivity Linked Bouns and Non-Productivity Linked Bouns (Ad-Bonus) in India for Government employees for the year 2018-2019? [Click to read in detail]
Payment of Productivity Linked Bonus to the Railway employees: Removal of ceiling for payment of PLB
salary calculation ceiling for payment of PL Bonus continued to remain at Rs. 7000/- p.m. although the Federation has been repeatedly urging for removal of ceiling for payment of PL Bonus on actual wages as the bonus is linked with productivity and this issue is pending as of now. [Click to read in detail]