Ad-Bonus Orders 2015 : Finmin orders expected within this week

Ad-Bonus Orders 2015 : Finmin orders expected within this week

As pe the information available in the official blog of Karnataka COC, bonus order for this year likely to be issued after 12.10.2015 only. The message is reproduced and given below for your information…

Adhoc Bonus Orders

The Union Finance Minister, Shri Arun Jaitley is on tour to USA and Peru in connection with recent developments in the global economy and lack of progress in the implementation of the 2010 IMF quota reforms during his official tour to Peru from October 7-11 . Hence Adhoc Bonus orders is likely to be issued after 12th October 2015.

Note: Last year Finance Ministry issued orders on granting Non-Productivity Linked Bonus (Ad-hoc Bonus) for CG Employees on 16th September 2014 and for Autonomous Bodies extension orders on 23rd September 2014.

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