@VaibhavJ (Believe!! Live your dreams!) 23 December 2015
Dear All Employees,
New year coming with good news!
Get ready for double bonus this year
Lok Sabha has approved the Bonus Bill raising eligibility limit for payment of bonus from a salary of Rs 10,000 per month to Rs 21,000 – Bonus calculation ceiling raised to Rs. 7000 from Rs. 3500. Also if Minimum wages for your state is more than Rs. 7,000/- so you are one of those lucky to get extra bonus since ceiling for you is Minimum wages & not Rs. 7,000/-
The official amendment provides that the benefits of the Act would be deemed to have come into force on April 1, 2014, instead of April 1, 2015.
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