Changes in the Payment of Bonus Act will benefit thousands of CG employees
The Payment of Bonus (Amendment) Bill,
2015 notified:Increase in the Eligibility Limit under clause (13) of
Section 2 and Calculation Ceiling under Section 12 of the Payment of
Bonus Act, 2015
The Payment of Bonus (Amendment) Bill,
2015 was passed by the Parliament in the just concluded Winter Session
of the Parliament. The Payment of Bonus (Amendment) Act, 2015 has been
published in the Gazette of India, Extraordinary on 1st January, 2016 as
Act No. 6 of 2016. The provisions of the Payment of Bonus (Amendment)
Act, 2015 shall be deemed to have come into force on the 1st day of
April, 2014.
The Payment of Bonus (Amendment) Act,
2015 envisages enhancement of eligibility limit under section 2(13) from
Rs.10,000/- per month to Rs.21,000/- per month and Calculation Ceiling
under section 12 from Rs. 3500 to Rs.7000 or the minimum wage for the
scheduled employment, as fixed by the appropriate Government, whichever
is higher. The Payment of Bonus (Amendment) Act, 2015 also mandates
previous publication of draft subordinate legislations, framed under the
enabling provisions under the said Act, in the Official Gazette for
inviting objections and suggestions before their final notification.
The Government has been receiving
representations from trade unions for removal of all ceilings under the
Payment of Bonus Act, 1965. It is also one of the demands made by them
during the country-wide General Strike held in February, 2013 and
September, 2015. As the last revision in these two ceilings were made in
the year 2007 and was made effective from the 1st April, 2006, it was
decided by the Government to make appropriate amendments to the Payment
of Bonus Act, 1965.
These changes in the Payment of Bonus Act, 1965 will benefit thousands of work force.
PIB
1 comments:
When is payments of arrears?
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