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Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely!

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

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

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

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

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 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

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

Bonus 2015: Advance against bonus admissible for ESIC Employees

Payment of advance against the Productivity Linked Bonus admissible for the employees of ESI Corporation – 2014-15 – regarding HEADQUARTERS OFFICE EMPLOYEES’ STATE INSURANCE CORPORATION, PANCHDEEP BHAWAN, CIG MARG, NEW DELHI-2 WEBSITE: wwvv.esic.nic.in IPh.-Oll-23234092. NO.G-31/11/1/2005 – E.III Dated: 15.10.2015 MEMORANDUM Sub: Payment of advance against the Productivity Linked Bonus admissible for the employees of ESI … Read more

Bonus Ceiling : Revision of eligibility and calculation ceilings are expected after Bihar Elections

Bonus Ceiling : Revision of eligibility and calculation ceilings are expected after Bihar Elections Enhancement of the ceiling of bonus NC JCM Staff Side Secretary said in the letter regarding the issue of bonus ceilings, the letter reproduced and given below… Shiva Gopal Mishra Secretary Ph.: 23382286 National Council (Staff Side) Joint Consultative Machinery Central Government … Read more

Bonus Orders 2015 : 60 Days Productivity Linked Bonus for Postal Employees

Bonus Orders 2015 : 60 Days Productivity Linked Bonus for Postal Employees Postal Employees to get 60 days wages as bonus – Orders issued by Department of Posts The payment of Productivity Linked Bonus for the accounting year 2014-15 equivalent of emoluments of 60 (sixty) Days to the employees of Department of Posts in Group … Read more