Payment of Bonus Bill

Govt introduces bill to hike wage ceiling for Bonus to Rs 21,000

The amendment bill will be made effective from April 1, 2015. The bill will amend, the Payment of Bonus Act 1965, which is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year.

Dec 07, 2015, 17:29 PM IST