Home Finance & Investing Business Diwali Bonus Approved for Group C, Non-gazetted Group B Rank Officials With Maximum Limit of Rs 7,000 | Details – News18

Diwali Bonus Approved for Group C, Non-gazetted Group B Rank Officials With Maximum Limit of Rs 7,000 | Details – News18

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Diwali Bonus Approved for Group C, Non-gazetted Group B Rank Officials With Maximum Limit of Rs 7,000 | Details – News18

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Curated By: Saurabh Verma

Last Updated: October 17, 2023, 22:42 IST

Ministry of Finance. (Photo: Shutterstock)

Ministry of Finance. (Photo: Shutterstock)

Only those employees who were in service on March 31, 2023, and have rendered at least six months of continuous service during the year 2022-23 will be eligible for payment

Ahead of Diwali, the central government has approved a non-productivity linked bonus for Group C and non-gazetted Group B rank officials, including paramilitary forces, with a maximum limit of Rs 7,000 for 2022-23.

Only those employees who were in service on March 31, 2023, and have rendered at least six months of continuous service during the year 2022-23 will be eligible for payment, according to an office memorandum of the Ministry of Finance’s Department of Expenditure.

The quantum of Non-PLB (ad-hoc bonus) will be worked out on the basis of average emoluments/calculation ceiling whichever is lower.

“To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month). This will, thereafter, be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of monthly emoluments of Rs 7,000 (where actual average emoluments exceed Rs 7,000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs 7000×30/30.4-Rs.6907.89 (rounded off to Rs 6,908),” read the memorandum.

The casual labour who have worked in offices following a 6 days week for at least 240 days for each year for 3 years or more (206 days in each year for 3 years or more in the case of offices observing 5 day week), will be eligible for this Non-PLB (Ad-hoc Bonus) Payment.

The amount of Non-PLB (ad-hoc bonus) payable will be (Rs.1200×30/30.4 i.e.Rs.1184.21/- (rounded off to Rs.1184/-). In cases where the actual emoluments fall below Rs. 1200/- p.m., the amount will be calculated on actual monthly emoluments.

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