Sixth Pay Commission: Bonus hiked

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/