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Lok Sabha passes Bonus Bill; benefits to accrue from April 2014

September 14, 2018 rajasinghmurugesan

Lok Sabha passes Bonus Bill; benefits to accrue from April 2014

The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being applicable retrospectively from April 2014.

The Payment of Bonus (Amendment) Bill, 2015, was passed by a voice vote, with some members objecting to the raising of eligibility limit for payment of bonus from a salary of Rs 10,000 per month to Rs 21,000.

Replying to a debate on the legislation, Labour Minister Bandaru Dattatreya said the Government has ensured that the interest of workers are protected and there is no infringement on their rights.

“Because of Bihar Elections this bill got delayed… The Prime Minister spoke to me and asked why should the benefits of this Act should accrue to workers from 2015. It should be made available from the April 2014,” he said while moving an official amendment to the Bill.

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. Dattatreya said the Ministry has held 21 tripartite meetings with all central trade unions while arriving at a decision.

The Bill provides for enhancing monthly bonus calculation ceiling to Rs 7,000 per month from the existing Rs 3,500. It also seeks to enhance the eligibility limit for payment of bonus from Rs 10,000 per month to Rs 21,000 per month.

“The Government’s paramount intention is to safeguard the interest of workers… There is no infringement of workers’ rights and whatever the government does will be in the interest of workers,” Dattatreya said.

Read more-http://www.dnaindia.com/

Filed Under: Bonus September 14, 2018

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Comments

  1. Rupankar mukherjee says

    January 3, 2016 at 10:27 pm

    Da news

  2. C.I. Talukar says

    December 31, 2015 at 5:35 pm

    I am central govt. employee and served in this dept. 22 years has bonus difference arrears will paid us as per the 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.

  3. C.B.Singh says

    December 30, 2015 at 5:34 am

    Sir my basic pay 7450 grade pay 2000 hra 1350 risk allounce 3450 how will be my total pay after 01. 01 2016

  4. dayanand says

    December 28, 2015 at 6:30 pm

    sir my b p 18150 and gp 4200 how will be my total pay after 1 1 2016

  5. C.Ramachandra rao says

    December 27, 2015 at 10:25 am

    Dear sir my basic Rs21540 as on1-1-16 length of service 35years please intimate present my basic pay

  6. tandava nookaraju says

    December 26, 2015 at 10:29 pm

    DEAR SIR MY BASIC RS10080 AS ON 01 jan 2016 LENGTH OF SERVICE 13 YEARS PLEASE INTIMATE PRESEN T BASIC PAY

  7. C ARUMUGAM says

    December 26, 2015 at 5:11 pm

    DEAR SIR MY BASIC RS 13105 AS ON 01 MAY 2010 LENGTH OF SERVICE 30 YEARS PLEASE INTIMATE PRESEN T BASIC PAY

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