Category Archives: Payment of Bonus Act 1965

Bonus :Increase in the Eligibility Limit & Calculation Ceiling

By | January 9, 2016

The Payment of Bonus (Amendment) Bill, 2015 notified:Increase in the Eligibility Limit under clause (13) of Section 2 and Calculation Ceiling under Section 12 of the Payment of Bonus Act, 2015 The Payment of Bonus (Amendment) Bill, 2015 was passed by the Parliament in the just concluded Winter Session of the Parliament. The Payment of… Read More »

Bonus Limit increased to Minimum Rs 7000 by Govt notification

By | January 4, 2016

As per the following notification Bonus limit increased by Govt from 3500 to i)  Rs 7000 or ii) the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher Salary limit has also been increased from Rs 10000 to Rs 21000 THE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC. 1 MINISTRY OF… Read More »