Showing posts with label Adhoc Bonus. Show all posts
Showing posts with label Adhoc Bonus. Show all posts

Thursday, September 23, 2010

Govt announces bonus for non-gazetted employees



Govt announces bonus for non-gazetted employees

New Delhi, Sep 22 (PTI) In a festival gift to non-gazetted central government employees, the Centre today announced a bonus of up to Rs 3,500 for 2009-10. All the central government employees in Group C and D and all gazetted employees in Group B who are not covered by any productivity linked bonus scheme will get bonus equivalent to 30 days emoluments, Finance Ministry said in an office memorandum.

The payment will also be admissible to the Central Police and para-military personnel and personnel of armed forces, it said. Only those employees who were in service on March 31, 2010 and have rendered at least six months of continuous service during the year 2009-2010 will be eligible for payment, it said.

Meanwhile, the Central Government also issued notification for enhancing the Dearness Allowance for its 88 lakh employees and pensioners by 10 percentage points. This comes as a follow up to the approval given last week by the union Cabinet to hike the DA from 35 per cent to 45 per cent of the basic salary of the central government employees with retrospective effect from July 1, 2010.

The increase in DA comes just a few days after the organised workforce was cheered by one percentage point increase in the interest rate on the provident fund to 9.5 per cent.

Source: PTI

Wednesday, October 15, 2008

Productivity Linked Bonus for employees of the Dept.of Posts



Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi – 110001

No. 26-04/2008-PAP
Dated15.10.2008



Sub: Productivity Linked Bonus for the Accounting year 2006-2007 & 2007-2008

Sir,

I am directed to invite your attention to this Department’s Letters Nos. 26-4/2007-PAP dated 12.10.2007 and No. 26-4/2008-PAP dated 30.9.2008 regarding payment of Productivity Linked Bonus, for the accounting years 2006-2007, and 2007-2008, respectively and to say that in accordance with Ministry of Finance, Department of Expenditure O.M. No. 7(23)/E. III-A /2007 dated 10th October, 2008, the ceiling for calculation of Productivity Linked Bonus, has been raised to Rs. 3,500/- (emoluments per month) from Rs. 2,500/-(emoluments per month), for regular Central Government employees only, with effect from 01.04.2006 i.e. from the year 2006-07 onwards. It is, therefore, requested that the PLB, to the regular employees of the Department of Posts, may be re-calculated and paid with revised calculation ceiling of Rs. 3,500/-(emoluments per month) for the accounting years 2006-07 and 2007-08.

2. This issues with the approval and concurrence of I.F. Wing vide Dairy No. 138/FA/08/CS, dated 15.10.2008.

3. Receipt of this letter may please be acknowledged.



Yours faithfully
Sd/-
(B.P.Sridevi)
Director (T&E)