Bonus Issue – Report on detailed discussions and conclusions of 46th ILC

Bonus Issue – Report on detailed discussions and conclusions of 46th ILC Removal of Conditions on payment Ceiling eligibility Limits, Decisions to pay Minimum Bonus without linking to loss when the performance indicator satisfy grant of bonus- The major conclusions emanating from the discussions in the committee are as follows: The Conference committee on amendment … Read more

Bonus Ceiling, eligibility limits and minimum bonus without linking to loss – Agenda for 46th Session of Indian Labour Conference

Bonus Ceiling, eligibility limits and minimum bonus without linking to loss – Agenda for 46th Session of Indian Labour Conference “Amendment of Bonus Act – Removal of conditions on payment ceiling, eligibility limits, decisions to pay minimum bonus without linking to loss when the performance indicator satisfy grant of bonus”. 47th Session of Standing Labour … Read more

Central Government is considering to increase the eligibility limit of bonus from 10000 to 21000

Govt mulls increasing eligibility limit of bonus from 10000 to 21000 Central Government is considering to increase the eligibility limit of bonus from Rs.10000 to 21000. According to media source, the Central is going to give a green signal to the much awaited decision to raise eligibility limit of bonus from Rs.10000 to 21000. And … Read more

Modi Government to Raise Bonus Limits from Rs.3500 to Rs.4500

Modi Government to Raise Bonus Limits from Rs.3500 to Rs.4500 The Government has decided to raise the upper limit for the annual bonus that is being given to Central Government employees all over the country. Payment of Bonus (Amendment) ordinance 2007 according to which section 12 of the payment of Bonus Act 1965 had been … Read more

Bonus Announced for Central Government Employees

Bonus Announced for Central Government Employees Last week, the Ministry of Finance issued orders for the issuing of Productivity Linked Bonus for Central Government employees. The calculation ceiling for payment of bonus Rs.3500 only. The government has ignored the countless letters sent by various employees association demanding the removal of maximum bonus ceiling. The new … Read more