TN Govt announced Diwali Bonus 2018 for PSU Employees

TN Govt announced Diwali Bonus 2018 for PSU Employees

CM Edappadi K Palaniswami on Tuesday announced Deepavali bonus to the tune of Rs 486.92 crore to the 3.58lakh employees of the state public sector undertakings(PSUs) for the year 2017-2018. The bonus would range from Rs 8,400 to Rs.16,800.

The Employees of the TN Electricity Board, state-owned transport corporations, TN civil supplies corporation, and TN state Textbook and Educational services corporation would get 20% bonus(8.33% + 11.67% ex-gratia). The employees of Profit making cooperative housing societies would get 20% while those working in other societies would get 10% bonus(8.33% + 1.67% ex-gratia) and those who don’t come under the Bonus Act, would be given Rs.3,000 as ex-gratia. The workers of the primary cooperative societies would get Rs.2,400 as ex-gratia.

[download id=”108770″ template=”dlm-buttons-button”]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Govtempdiary

Subscribe now to keep reading and get access to the full archive.

Continue reading