bonus ceiling

Bonus Ceiling is prescribed for payment of Bonus to central government employees. Existing ceiling limit is Rs.3500

Gazette Notification for increasing Bonus Calculation Ceiling is Published

In section 2 of the Payment of Bonus Act, 1965 for the words ‘‘three thousand and five hundred rupees’’ at both the places where they occur, the words ‘‘seven thousand rupees or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher’’ shall respectively be substituted

Gazette Notification for increasing Bonus Calculation Ceiling is Published Read More »

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