Bonus ceiling

May 10, 2016

Bonus ceiling

Press Information Bureau 

Government of India

Ministry of Labour & Employment

09-May-2016 17:47 IST

Bonus ceiling

The ceiling of calculating Bonus for factory workers and establishment with 20 or more workers under section 12 of the Payment of Bonus Act has been increased from Rs.3500/- per month to Rs.7000/- per month or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher with effect from 1^st day of April 2014 through the Payment of Bonus (Amendment) Act, 2015, notified on 1^st January, 2016.  

The pension under the Employees Pension Scheme, 1995 has been fixed at minimum of Rs.1,000/-per month vide Government of India notification No.GSR 593 (E) dated 19.8.2014.  The number of pensioners benefited during the year 2014-15 was 17,65,307 after issue of notification for minimum pension of Rs. 1000/- per month on 19.08.2014. A statement showing the State-wise details of pensioners benefited from this move is at enlisted

Minimum Pension of Rs.1000/- per month 

Sl. No.	State	No. of Pensioners Benefited with Notification No. GSR 593(E) Dated 19.08.2014
1	Andhra Pradesh	78354
2	Bihar	56831
3	Chhattisgarh	15328
4	Delhi	27022
5	Goa	4778
6	Gujarat	98067
7	Himachal Pradesh	6828
8	Haryana	28613
9	Jharkhand	34206
10	Kerala	168384
11	Karnataka	143763
12	Maharashtra	279422
13	Madhya Pradesh	68778
14	NE Region	10774
15	Odisha	39649
16	Punjab	33146
17	Rajasthan	37672
18	Tamil Nadu	247913
19	Telangana State	95829
20	Uttarakhand	11406
21	Uttar Pradesh	120882
22	West Bengal	157662
	TOTAL	17,65,307

 This information given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today.