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PAYMENT OF BONUS ACT
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...06 May, 2026, 07.33 AM IST- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...04 May, 2026, 11.02 AM IST
- 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...30 Apr, 2026, 11.39 AM IST
- Pani puri wala took one big step by selling his cart for his wife’s treatment, but his loyal customer went even further for himA pani puri vendor’s sudden disappearance led to an unexpected story of resilience and second chances after a regular customer tracked him ...24 Apr, 2026, 02.45 PM IST
- Good Fortune Returns for These 4 Zodiac Signs in May 2026 With Powerful Energy ShiftMay 2026 brings a powerful financial shift for four zodiac signs as planetary alignments unlock new income opportunities and career growth....15 Apr, 2026, 04.55 PM IST
- Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...13 Apr, 2026, 02.36 PM IST
- Oracle layoffs affected US employees severance package and benefits explained after global job cuts: US labour laws and severance rulesOracle layoffs affected US employees severance package and benefits have become a major topic after reports confirmed global job cuts. Thou...06 Apr, 2026, 08.39 PM IST
- Is a $2,000 stimulus check coming in April? What’s confirmed and what’s still unclearMore than $166 billion in tariff revenue is now at the center of the $2,000 stimulus check April 2026 update. Many Americans are searching ...06 Apr, 2026, 05.43 PM IST
- Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recoveryTax authorities nationwide are demanding taxes on partner bonuses and performance pay. Professional firms argue this income is already taxe...04 Apr, 2026, 11.06 AM IST
- 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...19 Apr, 2023, 07.48 PM IST
- 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...08 Jan, 2016, 11.22 PM IST
- 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...23 Dec, 2015, 03.20 AM IST
- 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...07 Dec, 2015, 05.18 PM IST
- 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 ...21 Oct, 2015, 03.06 PM IST
- 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.20 Oct, 2015, 10.45 PM IST
- 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.15 Jan, 2015, 11.06 PM IST
- 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...07 Dec, 2012, 07.27 PM IST
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