Dear citehr member, plz guide about recent amendment in labour law for which i’ll grateful to u. with regards, sanjay.
From India, Delhi
From India, Delhi
On October 1, 2007 the Cabinet has approved the Amendments to the payment of Bonus Act, 1965, which are as follows. Further Press release has also been released by Press Information Bureau on their website.
1.Eligibility limit for payment of bonus to the employee earning salary or wage has been enhanced from Rs. 3,500/- per month to Rs.10,000/- per month.
2.Ceiling for purpose of calculation of bonus to the employee earning salary or wage has been enhanced from Rs. 2,500/- per month to Rs.3,500/- per month.
3.Employees employed through contractor on building operations will now be covered under The Payment of Bonus Act, 1965
This is just a proposed bill
Hope this is helpful . . .
From India, Mumbai
11.Eligibility limit for payment of bonus to the employee earning salary or wage has been enhanced from Rs. 3,500/- per month to Rs.10,000/- per month.
2.Ceiling for purpose of calculation of bonus to the employee earning salary or wage has been enhanced from Rs. 2,500/- per month to Rs.3,500/- per month.
3.Employees employed through contractor on building operations will now be covered under The Payment of Bonus Act, 1965
This is just a proposed bill
Hope this is helpful . . .
From India, Mumbai
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Notification No G.S.R. 1128(E) Contract Labour (Regulation and Abolition) Central Amendment .pdf