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Bonus News

13 Oct 2022

Diwali Bonanza! Union Govt announces BONUS for non-gazetted Central employees

Central Govt announces Bonus to non-gazetted central employees. Bonus of 30 days will be given to non-gazetted central employees. Temporary workers will also get the benefit of this.

UP government employees

05 Nov 2020

Good news for Uttar Pradesh employees on Diwali

Uttar Pradesh employees will get bonus on Diwali, these will be the rules. Watch video

West Bengal government

29 May 2019

West Bengal government hikes festival ad-hoc bonus to Rs 4000

Last year the ad-hoc bonus was Rs 3,800.

capital gains tax

06 Jun 2017

IPOs, bonus issue, share gifts exempted from capital gains tax

The government has exempted genuine equity investments through IPOs, bonus or rights issues by a listed company from long-term capital gains tax even if no securities transaction tax (STT) was paid on the transfers.

25 Sep 2016

Good news for Railway employees: Likely to get 78-day wages as Dussehra bonus

Ahead of the festive season, railway employees are likely to get 78-day wages as bonus this year, the same as in the last four years despite the financial crunch.

20 Jun 2016

Goibibo launches travel-based social network `GoContact`on its mobile app

Online hotel-booking engine and air aggregator Goibibo on Monday launched a travel-based social network `GoContact` on its mobile app which will enable users to get connected on Goibibo app using their phone books.

07 Feb 2016

Chinese firm distributes free sex dolls as company bonus

Instead of handing out cash to staff, Lianlian, a technology firm, dished out X-rated toys at an office party to mark the Chinese New Year, sun.co.uk reported.

08 Jan 2016

Higher bonus for workers becomes a reality

The government has notified the Payment of Bonus Act on January 1, a move which will benefit crores of workers whose wages are below Rs 21,000 per month.

07 Dec 2015

Govt introduces bill to hike wage ceiling for Bonus to Rs 21,000

The amendment bill will be made effective from April 1, 2015. The bill will amend, the Payment of Bonus Act 1965, which is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year.

21 Oct 2015

Govt doubles monthly bonus calculation ceiling to Rs 7,000

The Cabinet Wednesday decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers.

16 Apr 2015

TCS Q4 net falls 27% to Rs 3,858 cr on Rs 2,628 cr employee bonus

TCS Thursday reported a steep 27 percent fall in net profit at Rs 3,858.2 crore in the January-March quarter, primarily due to a one-time employee bonus of Rs 2,628 crore.

17 Apr 2015

TCS announces record Rs 2,628 cr bonus to staff on 10th IPO anniversary

In one of the largest-ever employee bonus payouts in the history of India Inc, software exporter TCS Thursday announced a Rs 2,628 crore one-time bonus to staff to mark 10 years of its public listing.

16 Apr 2015

TCS offers bonus worth Rs 2,628 crore to its employees

India's leading software firm Tata Consultancy Services (TCS) is giving a one-time bonus worth Rs 2,628 crore to all eligible employees to mark the 10th anniversary of its IPO.

HCL Technologies

19 Mar 2015

HCL Tech, Tech Mahindra shares fall on turning ex-bonus

Scrip of HCL Technologies fell 2.49 percent to Rs 978.95 on the BSE today. On the NSE, it was down over 2.67 percent to Rs 976.50.

11 Jan 2015

Perks in India Inc get fancy; top talent gets iPhones, Mercs

When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery - a trend started by a little-known diamond firm in Gujarat a few months back.

Productivity Linked Bonus

18 Oct 2014

Cabinet okays 78-day bonus for railwaymen post-facto

The Union Cabinet, chaired by Prime Minister Narendra Modi, Saturday gave its ex-post facto approval for payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2013-14 to all eligible non-gazetted Railway employees.

22 Jun 2014

Cairn India pays outgoing CEO bonus of Rs 2.51 cr

Cairn India's outgoing interim CEO was paid a bonus of Rs 2.51 crore for 2013-14 but his total compensation was a third of what the firm's last full time chief executive got.

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