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PAYMENT OF BONUS ACT
One Daily Habit of Successful People: How Emma Watson uses an unusual diary writing habit to keep herself groundedHollywood star Emma Watson, famed for Hermione Granger, has built a remarkable career. Started the career at the age of 10, the actress wor...- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Money Astrology June 2026: 4 Zodiac Signs Could Attract Sudden Money Before JulyThe final week of June 2026 brings important financial astrology shifts as Mercury prepares to turn retrograde and Jupiter gets ready to en...
- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- 4 Zodiac Signs Receiving Unexpected Money Before June 2026As May 2026 moves toward June, powerful planetary movements are creating sudden financial shifts for several zodiac signs. From surprise bo...
- Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this weekIndian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign ...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Credit cards for NRIs and H-1B workers: Check features, fees, documents required and benefitsNon-resident Indians can now get credit cards in India. These cards offer benefits for spending both in India and abroad. Several banks lik...
- Centre asks states to include statutory obligations in contract of employees hired through outsourcing agenciesExpressing concerns over underpayment to contractual workers, delayed payments and low deposits to EPFO and ESIC, labour secretary Arti Ahu...
- 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...
- Bombay High Court stays retrospective roll-out of new bonus payment actThe amended Payment of Bonus Act was notified on 1st January, 2016 and was intended to kick in with retrospective effect from 1st April 201...
- 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...
- 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...
- 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.
- 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.
- 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...
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