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Saturday, January 02, 2016

Bonus Amendment Gazetted copy 2015

Dear all,

Both the House has 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 2014.

The Payment of Bonus (Amendment) Bill, 2015, was passed by a voice vote, with some members objecting to the raising of eligibility limit for payment of bonus from a salary of Rs 10,000 per month to Rs 21,000.

Gazetted Copy of the same enclsoed pls refer to the below link

Payment of Bonus Gazetted Copy( 2015)

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