Announcement of Bonus to UP Govt. Employees
An announcement of a Diwali bonanza from Uttar Pradesh Government for its employees, decided to issue bonus for the year 2010-11. The State Government of UP has declared bonus to the regular Government employees, Teachers and local body staff and all eligible employees, to nearly 15 lakh.
The bonus has been sanctioned to the employees of Group ‘D’ and ‘G’, an equivalent to thirty days of wages with a minimum limit of Rs.3500. The 50% of the bonus amount will be deposited in the PF accounts respectively and the remaining amount would be made in cash.
The additional burden of Rs.506 crore for the bonus to the exchequer.