2023-24 Bonus Payments: Key Guidelines from Gujarat Labour Department

Posted by & filed under Bonus-Act.

The Gujarat Labour Department has issued an important circular regarding the timely payment of bonuses for the financial year 2023-24. This notification emphasizes the need for employers to comply with the Payment of Bonus Act, 1965, which mandates bonus payments to eligible employees. Key Points: Bonus Payment Deadline: All industrial and commercial establishments must begin… Read more »

Payment of Bonus act Circular from Daman Labour Dept

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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 »

Industry asks Labour Minister to defer amendment in Bonus Act as Ammended

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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 »

Bonus Amendment Gazetted copy 2015

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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 »