Thought for today 30 th January 2019

An error does not become truth by reason of multiplied propogation nor does truth becomes error because nobody sees it.Truth stands, even if there be no public suppport.It is self sustained.

Mahatma Gandhi

Wednesday, 14 September 2011

Non -Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2010-11

Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2010-11
Finance Ministry has published an Office Memorandum(No.7/24/2007/E.III(A) dated 13th September, 2011) in its website regarding that grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2010-11. Non-PLB for the year 2010-11 granted equivalent to 30 days emoluments to the Group ‘C’ and ‘D’ and all non-gazetted employees in Group ‘B’.
The calculation ceiling of Rs.3500 will remain unchanged.
The benefit will be admissible subject to the following terms and conditions as follows…
Only those employees who were in service on 31.3.2011 and have rendered at least six months of continuous service during the year 2010-11.
To calculate bonus for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month). This will thereafter be multiplied by the number of days of bonus granted. For example, Non-PLB for thirty days would work out to Rs.3500 x 30 / 30.4 = Rs.3453.95 (rounded off to Rs.3454).
The casual labour who have worked in offices following a 6 days week for at lest 240 days for each year for 3 years or more (in case of 5 days in a week, 206 days in each year for 3 years or more).
To calculate the bonus for casual labour will be Rs.1200 x 30 / 30.4 = Rs.1184.21 (rounded off to Rs.1184).
All payments will be rounded off to the nearest rupee.
For more details pl. visit www.finmin.nic.in
(Ref: http://finmin.nic.in/the_ministry/dept_expenditure/notification/bonus/bonus2011.pdf)

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