Confederation letter to Finance Ministry for enhancement of ceiling of bonus for Casual Labourers from 3500 to 7000.
Govt has recently passed the bill for revision of Bonus calculation from Rs. 3500/- to Rs.7000/- and the eligibility ceiling to Rs. 21,000 with effect from 01.04.2014 – As Railway Employees are entitled to Productivity linked Bonus all Railway Unions are pressing the Govt for grant of arrears of bonus for the financial year 2014-15
Amendment of Bonus Act passed in the Parliament provides for increase in Bonus Calculation Ceiling to Rs. 7000/- (for 30 days) – However, Govt has not accepted the demand of Staff Side JCM for paying adhoc Bonus applicable for Central Government Employees at par with this amendment
The Cabinet has decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers.