Wednesday, September 30, 2015

Good news expected soon: Update on Bonus Hike

Good news expected soon: Update on Bonus Hike

As per reliable sources, Election Commission has given it’s nod for issuing ordinance on “Payment of Bonus Act

Now the matter will go to cabinet and after it’s approval, necessary ordinance will be notified soon.
Earlier Government decided to raise the ceiling of Rs 3500/- per month to Rs 10,000/- per month.

Central employees may cheer for higher bonus this year

After long times Central Government Employees are going to get higher amount of bonus this year. Earlier, the ceiling for bonus was Rs 3500 per month. From this year, the ceiling is going to be increased to as high as Rs 10,000 per month. In a letter from Secretary, Ministry of Labour and Employment, Mr S. Agarwal conveyed this good news to Sri Vijesh Upadhyay, Genl. Secy., Bharatiya Mazdoor Sangha.

Bonus

Source: http://paycommissionupdate.blogspot.in

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