(a) whether the Government has received representations from Trade Unions to raise the salary limit for bonus; and
(b) if so, the details thereof alongwith the reaction of the Government thereto?
(a) whether the Government has received representations from Trade Unions to raise the salary limit for bonus; and
(b) if so, the details thereof alongwith the reaction of the Government thereto?
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY
OF LABOUR AND EMPLOYMENT (SHRI OSCAR FERNANDES)
(a) & (b): Yes, Sir. The increase in eligibility limit and calculation ceiling under the Payment of Bonus Act, 1965 is under
consideration of the Government.