Just before Diwali, this festive season, significant and comforting news has arrived for employees. The Finance Ministry has announced a Non-Productivity Linked Bonus (Non-PLB/Ad-hoc Bonus) for central government employees. Furthermore, the bonus process and guidelines have been released for private sector and public sector enterprises.

If you are also employed, then definitely understand these key rules and updates related to bonuses:

Central government employees to get ad-hoc bonus of ₹6,908:
Eligible employees: This financial benefit is being given to Group-C and Group-B (non-gazetted) employees of the central government as Diwali bonus.

Bonus Amount: A maximum amount of ₹6,908 based on 30 days' salary will be transferred directly to the bank accounts of the employees.

Conditions: To be eligible for this bonus, the employee must be in service as of March 31st and have completed at least six months of continuous service during the financial year. Shorter-term employees will receive payment on a pro-rata basis.

Casual Labour : Casual labourers who have been employed for 3 consecutive years and have worked at least 206 days in a year will also be given a bonus of up to ₹1,184.

Relief in Railways and other Public Sector Undertakings (PSUs):
Railway Employees: The Ministry of Railways and unions have initiated the process of disbursing Performance Linked Bonus (PLB) equivalent to 78 days' wages (up to a maximum of ₹17,951) to eligible non-gazetted employees.

Local bodies (like BEST Mumbai): Many local corporations and transport bodies (like BEST) have announced ex-gratia/Diwali bonus of up to ₹33,000 to employees.

PC: NDTV  INDIA