Hike Bonus

Lok Sabha passes bill to hike bonus   New Delhi: The Lok Sabha today 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 … [Read more...] about Lok Sabha passes bill to hike bonus