ABSTRACT
State Public Sector Undertakings - Sanction of Bonus and Ex-gratia to the employees of State Public Sector Undertakings for the year 2012-13 payable during 2013-14- orders issued.
FINANCE (BPE) DEPARTMENT
G.O.Ms.No..377
Dated:18.09.2013
Vijaya, Puratasi-2
Thiruvalluvar Andu 2044
ORDER
The Government issue the following orders for the payment of Bonus and Ex-gratia for the year 2012-13 payable during 2013-14 to the workers and employees of State Public Sector Undertakings:-
(i) All workers and employees of State Public Sector Undertakings who are drawing a Grade pay of Rs.4300 in the scale of pay of Rs.9300-34800 and below (Pre-revised scale Rs. 5300-150-8300 and below) i.e.those who are in the ‘C’ and ‘D’ Groups, irrespective of their eligibility, be paid a minimum Bonus of 8.33% and Ex-gratia of l.67% before 30.9.2013 to claim it as an eligible expenditure under Income Tax Act 1961, subject to the salary ceiling limit of Rs.3500/- for the purpose of determination of Bonus for the year 2012-13 and in relaxation of the eligibility salary ceiling of Rs.10,000/- as per the Payment of Bonus Act, 1965.
