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Government introduces bill to hike wage ceiling for Bonus to Rs 21,000 from Rs 7,000

One of the most important legislation’s stuck due to Sonia and Rahul Gandhi’s orders to create ruckus is “The Payment of Bonus (Amendment) Bill, 2015” to increase minimum bonus of workers by increasing salary ceiling from current 7000 ₹ to 21000 ₹.

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Government on Monday introduced a bill in Lok Sabha that seeks to enhance pay eligibility limit of an employee for bonus to Rs 21,000 per month, from Rs 10,000, to make more workers eligible for the benefit.

The Payment of Bonus (Amendment) Bill, 2015 also seeks to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing Rs 3,500. It will increase the quantum of bonus substantially.

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