Sixth Pay Commission: Bonus hiked
HERALD REPORTER
PANJIM, OCT 17
After the declaration of implementing the Sixth Pay Commission recommendations, there is more good news awaiting Government servants ahead of Diwali as the Centre has decided to hike the bonus by Rs 1,000.
According to information available, the Centre has increased the bonus from existing Rs 2,500 to Rs 3,500.
Moreover, the increase will be effective from last year (2006-07) which means the employees would get Rs 1,000 in form of arrears.
“We normally follow guidelines of the Centre on bonus and since it has been increased we were bound to do so”, sources told Herald when asked whether Government would implement the same to its employees.
“We have issued circulars to all departments and employees will get the bonus ahead of Diwali”, sources claimed.
In addition to the Rs 300 crore expenditure after the Sixth Pay Commission implementation, the financial liability for the increased bonus would be approximately Rs 6 crore.
Source: http://oheraldo.in/
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