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Bonus 2015

Changes in the Payment of Bonus Act will benefit thousands of CG employees

Last Modified: January 8, 2016

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 & PLB to Railway Employees – A Brief Note By KV Ramesh

Last Modified: December 29, 2015

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% of the salary/wage of an … [Read more...] about Payment of Bonus Act & PLB to Railway Employees – A Brief Note By KV Ramesh

AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen

Last Modified: December 24, 2015

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 December 7, 2015. The Bill seeks to … [Read more...] about AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen

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

Last Modified: December 23, 2015

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 benefits being applicable retrospectively from April … [Read more...] about Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely!

Payment of Bonus Amendment Bill introduced in Parliament – Eligibility and Calculation Ceiling to hike from April 2015

Last Modified: December 11, 2015

Payment of Bonus Amendment Bill introduced in Parliament - Eligibility and Calculation Ceiling to hike from April 2015 Government introduces bill to hike wage ceiling for bonus to Rs 21,000 Government today introduced a bill in Lok Sabha that seeks to enhance pay eligibility limit of an employee for bonus to Rs 21,000 per month, from Rs 10,000, to make more workers eligible … [Read more...] about Payment of Bonus Amendment Bill introduced in Parliament – Eligibility and Calculation Ceiling to hike from April 2015

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