Payment of Bonus Act & PLB to Railway Employees – A Brief Note By KV Ramesh THE PAYMENT OF BONUS ACT, 1965 & PLB TO RAILWAYMEN BY: K.V.RAMESH, Sr.JGS/IRTSA PAYMENT OF BONUS ACT, 1965 & AMENDMENTS THEREOF Minimum bonus 8.33% of the salary/wage of an employee. Maximum bonus including productivity linked bonus shall not exceed 20% … Read more
AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen for the year 2014-15 Payment of Arrear of Productivity Linked Bonus to Railwaymen for the year 2014-15 The Payment of Bonus (Amendment) Bill, 2015 was introduced in Lok Sabha by the Minister of State for Labour and Employment, Mr. Bandaru Dattatreya, on … Read more
Bonus Arrears to be Paid on Account of Increase in Calculation Ceiling with Effect from April 2014 Payment of Bonus (Amendment) Bill 2015 to increase the Bonus Calculation Ceiling and eligibility ceiling has been Passed in Lok Shabha yesterday. As per the provisions of Bonus bill the Bonus Calculation ceiling has to be raised from … Read more
Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely! LS passes Bonus Bill; benefits to accrue from April 2014 The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the … Read more
Lok Sabha during next week will take up The Payment of Bonus (Amendment) Bill, 2015 – PIB Report Press Information Bureau Government of India Ministry of Parliamentary Affairs 20-December-2015 11:39 IST As Winter session enters final lap, Rajya Sabha to take up some pending Bills 18 Bills with allotted discussion time of over 43 hours … Read more
7th Pay Commission recommendations on Bonus Schemes Bonus Schemes and Performance Related Pay Bonus Schemes in the Central Government : Apart from DAE/DoS, there are bonus payments to Group `B’ (non-gazetted) and Group `C’ Central Government employees. The bulk of these employees are covered under the Productivity Linked Bonus (PLB) Scheme, which is implemented in Railways, Posts … Read more
Proposal to increase the ceiling of Bonus – Minister replied in Parliament Changes under Bonus Act Shri Bandaru Dattatreya, the Minister of State (IC) for Ministry Labour and Employment in reply to a question in Lok Sabha today stated that there is a proposal to increase the eligibility limit and calculation ceiling under the Payment … Read more
Bonus orders 2015 – Ad-hoc Bonus for Rajasthan Govt Employees Following the Central Government, the State Government of Rajasthan has declared ad-hoc for its employees a head of Deepavali festival. The Finance Department issued orders for granting ad-hoc bonus equivalent to 30 days emoluments at the maximum ceiling of 3500. GOVERNMENT OF RAJASTHAN FINANCE DEPARTMENT … Read more
Payment of Productivity Linked Bonus at revised calculation of Rs. 7000 – NFIR writes to Railway Minister Payment of Productivity Linked Bonus (PLB) to the Railway employees at revised calculation of Rs. 7000/- p.m.- GS/NFIR WRITES TO MINISTER OF RAILWAYS NFIR National Federation of Indian Railways No. I/10/Part IV Dated: 21/10/2015 Shri Suresh Prabhu, Hon’ble … Read more
Government approves hike in bonus ceiling from Rs. 3500 to Rs 7000 Bonus Ceiling from Rs. 3500 to Rs 7000 NEW DELHI: The Cabinet decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers. “The Payment of Bonus (Amendment) Bill, 2015 … Read more