Tuesday, 10 May 2016

Bonus ceiling


Ministry of Labour & Employment09-May, 2016 17:47 IST
Bonus ceiling
The ceiling of calculating Bonus for factory workers and establishment with 20 or more workers under section 12 of the Payment of Bonus Act has been increased from Rs.3500/- per month to Rs.7000/- per month or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher with effect from 1st day of April 2014 through the Payment of Bonus (Amendment) Act, 2015, notified on 1st January, 2016.

The pension under the Employees Pension Scheme, 1995 has been fixed at minimum of Rs.1,000/-per month vide Government of India notification No.GSR 593 (E) dated 19.8.2014.  The number of pensioners benefited during the year 2014-15 was 17,65,307 after issue of notification for minimum pension of Rs. 1000/- per month on 19.08.2014. A statement showing the State-wise details of pensioners benefited from this move is at enlisted
Minimum Pension of Rs.1000/- per month

Sl. No.
State
No. of Pensioners Benefited with Notification No. GSR 593(E) Dated 19.08.2014
1
Andhra Pradesh
78354
2
Bihar
56831
3
Chhattisgarh
15328
4
Delhi
27022
5
Goa
4778
6
Gujarat
98067
7
Himachal Pradesh
6828
8
Haryana
28613
9
Jharkhand
34206
10
Kerala
168384
11
Karnataka
143763
12
Maharashtra
279422
13
Madhya Pradesh
68778
14
NE Region
10774
15
Odisha
39649
16
Punjab
33146
17
Rajasthan
37672
18
Tamil Nadu
247913
19
Telangana State
95829
20
Uttarakhand
11406
21
Uttar Pradesh
120882
22
West Bengal
157662

 TOTAL
17,65,307

This information given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today.

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AT


(Release ID :145109)

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