Source: Hueiyen News Service
Imphal, November 04 2010:
State Labour Commissioner has notified for payment of bonus to every employees of factories (including brick fields), shops/establishments in private sector for the accounting year, 2009-10 on or before the ensuing Diwali and Ningol Chakouba festivals.
By private sectors, the notification issued today includes private hospitals/nursing homes/clinics, printing presses, newspaper establishments, Cinema halls, hotels, restaurants, pharmacies, societies, NGOs in which 10 0r more persons were employed.
Employers are bound to pay the bonus annually within eight months from April 1 to November 31 to every employee (including employees employed through contractor) employed in their factories/shops and other establishments, the notification said.
The minimum bonus should be 8.33 percent of the total amount of salary or wages of the employee or Rs 100 which ever in higher, whether or not the employer has allocable surplus in the accounting year and the maximum bonus should be 20 percent.