Changes in the Payment of Bonus Act will benefit thousands of CG employees The Payment of Bonus (Amendment) Bill, 2015 notified:Increase in the Eligibility Limit under clause (13) of Section 2 and Calculation Ceiling under Section 12 of the Payment of Bonus Act, 2015 The Payment of Bonus (Amendment) Bill, 2015 was passed by the … Read more
Payment of Bonus Act Amendment Gazette Notification Bonus Ceiling Rs. 3500 to Rs. 700 Enhanced Notification The Gazette of India EXTRAORDINARY PART II — Section 1 PUBLISHED BY AUTHORITY No. 6] NEW DELHI, FRIDAY, JANUARY 1, 2016/PAUSHA 11, 1937 (SAKA) Separate paging is given to this Part in order that it may be filed as … Read more
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