Bonus for Bank Employees – Guidelines and Illustrations Important guidelines and illustrations are given in Annexure-I, II and III Annexure-I 1. Bonus is payable to those employees whose salary does not exceed Rs.21,000/- per month. In other words no Bonus is payable to those employees whose salary exceeds Rs.21,000/- per month. Please see the examples given in the … [Read more...] about Bonus for Bank Employees – Guidelines and Illustrations
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7th CPC Bonus
Enhancement of Bonus Ceiling – Orders issued by Finance Ministry
Grant of Productivity Linked Bonus (PLB) and non-productivity Linked Bonus (Ad-hoc bonus) in case of Central Government employees for the accounting year 2014-15 – enhancement of the calculation ceiling- Regarding. No.7/4/2014-E-IIIA Government of India Ministry of Finance (Department of Expenditure) North Block, New Delhi Dated the 29th August, 2016 Office … [Read more...] about Enhancement of Bonus Ceiling – Orders issued by Finance Ministry
Central Government Rejected Demand for Raising of Bonus Ceiling
Central Government Rejected Demand for Raising of Bonus Ceiling GOVERNMENT REJECTED DEMAND FOR RAISING OF BONUS PAYMENT CEILING TO CENTRAL GOVERNMENT EMPLOYEES F.No.7/4/2014-E-III(A) Government of India Ministry of Expenditure (E-IIIA Branch) North Block, New Delhi Dated the 25th Feb, 2016 To, Sh.Shiva Gopal Mishra Secretary (Staff-side) Joint Consultative … [Read more...] about Central Government Rejected Demand for Raising of Bonus Ceiling
Changes in the Payment of Bonus Act will benefit thousands of CG employees
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 Parliament in the just concluded Winter Session … [Read more...] about Changes in the Payment of Bonus Act will benefit thousands of CG employees
Payment of Bonus Act Amendment Gazette Notification
Payment of Bonus Act Amendment Gazette 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 a separate compilation. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st January, … [Read more...] about Payment of Bonus Act Amendment Gazette Notification