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BONUS ACT 1965
Govt hikes wage ceiling for bonus to Rs 21,000 per month from Rs 10,000The Bill, laid in Lok Sabha earlier this month, also seeks to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from exis...
The Code on Wages, 2019: Understanding the key changes to wages, remuneration and bonusThe Code has expanded the definition of “employer” as well as “employee”, resulting in a broad based applicability of the regulations and i...
Retrospective Bonus Act perfectly correct: Bandaru DattatreyaThe minister also promised that the government will come out with all clarifications in the high courts where the industry has challenged t...
Labour ministry notifies amendments to Payment of Bonus ActBandaru Dattatreya-led labour ministry has notified amendments to the Payment of Bonus Act that seeks to make more workers eligible for bon...
Labour Minister welcomes passage of Payment of Bonus BillWelcoming passage of the Payment of Bonus Bill in Rajya Sabha, Labour Minister Bandaru Dattatreya said it will benefit workers whose wages ...
Parliament passes Bonus Bill; benefits to accrue from April 2014Parliament today passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with estab...
Bigger bonuses for more as Lok Sabha amends Payment of Bonus ActThe bill, tabled in the house earlier this month, also seeks to enhance monthly bonus calculation ceiling to Rs 7,000 per month from Rs 3,5...
Government introduces bill to hike wage ceiling for bonus to Rs 21,000The Payment of Bonus (Amendment) Bill, 2015 also seeks to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing...
Bill on Bonus Act to be brought to Parliament: PM Narendra ModiPrime Minister Narendra Modi today said the government will bring to Parliament a bill to amend the Bonus Act with a view to enhance the be...
Modi government doubles monthly bonus calculation ceiling to Rs 7,000The bill also seeks to up the eligibility limit for payment of bonus from the salary or wage of an employee from Rs 10,000 per month to Rs ...
Government may clear bill for more bonus, hike in wage limit tomorrow"The Cabinet is likely to consider and approve the bill to amend the Payment of Bonus Act, 1965, in its meeting tomorrow," the source said.
Govt considering doubling maternity leave to 24 weeksGovernment is considering a proposal to increase the existing maternity leave from 12 weeks to 24 weeks under the Maternity Benefit Act 1961
Bills to fix minimum wage, hike cap for bonus likely in Budget sessionUnder the wage law, the government wants to fix statutory National Floor Level Minimum Wage for all employments across the States/UTs.
Tata Steel announces Rs 180 cr bonus payout to employees for 2012-13The minimum and maximum annual bonus payable to employees will be in the range of Rs 13,311 and Rs 1,43,653, Tata Steel said.
- Bill to make all workers eligible for bonus introduced in RS
Seeking to amend an existing Act relating to payment of bonus, a private member's bill was introduced in Rajya Sabha today proposing profit...
Bill to make all workers eligible for bonus introduced in Rajya SabhaProposing to amend the Payment of Bonus Act, there is a proposal that no discrimination should be there among workers of different companie...
Tata Steel to pay a minimum bonus of Rs 18,000 to each eligible workerThe minimum bonus for an eligible Tata Steel employee will work out to around Rs 18,000, according to a press release by the company.
- Tata Steel announces 18.5 per cent of salary as bonus
Tata Steel on Thursday announced an annual bonus of 18.5 per cent of salary/wages for the year 2010-11.
- Tata Steel announces Rs 171 cr bonus payout to employees
Tata Steel today said it has made a provision of Rs 171 crore for bonus payout to its over 30,000 employees, though none of them is eligibl...
INTUC seeks amendment in Bonus ActINTUC (Gujarat branch) has demanded an amendment of the Payment of Bonus Act, 1965, to cover a majority of the employees left out of its pu...