Update on Bonus Hike : Good news expected soon

Update on Bonus Hike : Good news expected soon

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 Govt. 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 Govt. 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.

D.O.No.51040/4/2015-IR(PG)

28 August,2015

Source: http://paycommissionupdate.blogspot.in/2015/09/update-on-bonus-hike-good-news-expected.html