salary limit raised to 10,000 for bonus

Thanks for the info, it is really usefull ,can u please send the copy to my mail id

Regards
John

Dear Friends,
Central Govt. has decided to amend payment of bonus act which would make workers drawing upto 10,000 salary per month eligible for annual bonus. Till now only workers drawing upto 3500/- salary were eligible for fonus.
Govt. is likely to issue the ordinance to amend section 12 of payment of wages act. The current celling of 3500/- for bonus was fixed in April 1995. The bonus celling had been fixed at 1600/- in 1965 which was raised to 2500/- in 1985 and 3500/- in 1995 by ameding section 2 (13) of the payment of bonus act.
Construction workers even if they have worked for a month with builder companies or contractors would also be eligible to get proportionate bonus from employer.
The details of the amendment will also be publisehd in Business Manager - HR magazine. Any one interested in copy of notification may ask for the same, which will sent as soon as it is published.
regards,
Anil Kaushik
Chief Editor - Business Manager
Smriti Sadan, 28-Raghu Marg, Alwar - 301001 (Raj). India
Mob. : 09829133699

Thanks for the update. It is really useful.

Hi Anil,

Can I have a copy of the GO please.

My Mail ID is

Regards,

Joseph

Kindly send me the notification(GO) to , Would be grateful.

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Hi Anil ji,
thanx for the information.Could you plz send the copy at

Hi Anil,

Thanks a lot for the Information...... Kindly send me a copy of it to

Regards
Amith R.

Hello Anil,

I too need a copy of notification Please send me at :

Thank you for your help and support.

Divyang

Dear Anil,

Can I get a copy of the same.

Please also guide me how can I get a monthly subscription copy of Business Manager ?

Regards

Archana Bagwe
9920356775

Hi Anil,

Thanks for the Update..

Pls. send the copy to


Regards,
Amarnath