Bonus ceiling and Bonus calculation ceiling are to be raised soon
Bonus ceiling and Bonus calculation ceiling are to be raised soon for Central Government Employees, Railway Employees and Defence Civilian Employees who are in receipt of productivity linked bonus – Ministry of Labour and Employment assurance to BMS
Thanks to sustained efforts of Central Trade Unions, Govt has finally accepted to increase the Bonus Ceiling from Rs. 3500 to 7000 per month or minimum wages to be fixed by Govt whichever is higher. Labout Ministry has also assured that average calculation ceiling for the purpose of bonus would be Rs.10,000 per month
SHANKAR AGGARWAL, I.A.S.
Secretary of Govt. of India
MINISTRY OF LABOUR & EMPLOYMENT
SHRAM SHAKTHI BHAVAN
NEW DELHI – 110001
D.O.No.51040/4/2015-IR(PG)
28th August, 2015
Dear Shri Upadhyay,
Kindly refer to our discussion regarding the calculation ceiling for bonus. The Government is considering to revise calculation ceiling from the preset level of Rs.3,500 per month to Rs.7,000 per month or the minimum wages for the scheduled employment as fixed by the appropriate Government, whichever is higher. Minimum wages have not beed fixed as yet, however, the minimum wages will be fixed at a level which is respectable.
2. Under these circumstances, on an average the calculation ceiling for the purposes of bonus would be Rs.10,000 per month.
Yours Sincerly,
(Shankar Aggarwal)
Shri Virijesh Upadhayay
Generl Secretary,
Bhartiya Mazadoor Sangh
27, Deendayal Upadhyay Mag.
Rouse Aveneu, New Delhi-2
Download letter D.O.No.51040/4/2015-IR(PG) dated 28.08.2015 of Ministry of Labour addressed to BMS