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.

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.

BONUS – Adhoc Bonus – Special Adhoc Bonus for the year 2011–2012 – Sanction – Orders – Issued.

FINANCE (ALLOWANCES) DEPARTMENT
G.O.No.5, DATED 9th January, 2013
(Margazhi 25, Thiruvalluvar Aandu 2043)

BONUS – Adhoc Bonus – Special Adhoc Bonus for the year 2011–2012 – Sanction – Orders – Issued.

Read the following :-
1. G.O.Ms.No.1, Finance (Allowances) Department, dated 2.1.2012.
2. Government of India, Ministry of Finance, Department of Expenditure,
7/24/2007/E-III/(A)/ Branch Office memorandum dated  5.10.2012.

ORDER:-

   Government  has decided to grant Adhoc Bonus equivalent to 30 days emoluments on a base of 30 days a month to all regular and temporary Government employees, employees of Local Bodies and Aided Educational Institutions including teachers on regular time scales of pay for the financial year 2011-2012.

   2. Employees in Groups ‘C’ and ‘D’ were paid Adhoc Bonus equivalent to 30 days emoluments subject to a ceiling of Rs.3,000/- during the year 2010-2011. Accordingly, Government direct that all regular and temporary Government employees who are on regular time scales of pay, employees of Local Bodies and Aided Educational Institutions including teachers on regular time scales of pay in ‘C’ and ‘D’ group be paid adhoc bonus equivalent to 30 days emoluments on a base of 30 days a month for the financial year 2011-2012.  The Adhoc Bonus shall be computed on the basis of actual emoluments as on 31st March 2012. The amount of adhoc bonus shall be calculated as if monthly emoluments were Rs.3,000/- per month.  In respect of those drawing pay in the pre-revised / revised scales of pay, the calculation of adhoc bonus shall be based on the emoluments drawn subject to the upper ceiling of Rs.3,000/- (Rupees Three thousand only) per month.  The upper ceiling limit shall be applicable irrespective of whether the emoluments are drawn in the pre-revised or revised scales of pay.