Important Bonus Clarifications
The readers might have noticed that the recent orders issued by Government for sanction of bonus (O.M.No: 7/24/2007/E III A dated 22-09-2010) for this year (2010), has referred a very old clarification in Office memorandum dated 04-10-1988 issued by Ministry of Finance.
This clarification dated 04-10-1988 relates to applicablity of ad hoc bonus applicable to temporary employees, retired employees, employees resigned service, employees on foreign service, Superannuated employees who are re-employed, Employees who are on half pay leave/study leave/EOL, contract employees etc.
For more details check this Office Memorandum O.M No: F.No: 14 (10)/E.(Co-ord)/88 dated 04-10-1988