Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely! LS passes Bonus Bill; benefits to accrue from April 2014 The Lok Sabha on Tuesday 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 … [Read more...] about Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely!
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