The Government of West Bengal vide circular No. Labr./210/(LC-IR)/3C-01/18 has issued guidelines to be followed by all employers and employees of the state covered under the Payment of Bonus Act, 1965 (”Act”) while settling the legitimate dues of the workers in respect of bonus for the year 2020 in terms of the said Act in… Read more »

It was  noticed by the Labour Department, that some industrial establishment/contractors in UT of Dadra and Nagar Haveli are still not paying bonus to the workers in accordance with the provision of the Payment of Bonus Act,1965/ – Payment of Bonus (Amendment) Act, 2015 despite issuing instruction vide Circular No. LEO/ Bonus -1141/2016 dated 28/10/2016… Read more »

Employers’ association AIOE has asked the government to defer the implementation of amendments in the Payment of Bonus Act to next fiscal so as to reduce financial burden on the industry, particularly small and medium businesses. Keeping in view both the financial and operational hardships facing the industry, All India Organisation of Employers’ (AIOE), an allied… Read more »

Dear all, As per various email & phone calls are recd at our office in regards to interpret the new clause as inserted in the Bonus act Amended 2015 3. In section 12 of the principal Act,— (i) for the words ‘‘three thousand and five hundred rupees’’ at both the places where they occur, the… Read more »

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… Read more »

Dear all,The Lok Sabha today 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… Read more »

The Cabinet on Wednesday decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers. “The Payment of Bonus (Amendment) Bill, 2015 to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing Rs. 3,500 was approved by Union… Read more »

Dear All, ANNUAL RETURN-BONUS PAID TO EMPLOYEES FOR THE ACCOUNTING YEAR ENDINGForm-D-ANNUAL RETURN-BONUS PAID TO EMPLOYEES FOR THE ACCOUNTING YEAR.