ABSTRACT
State Public Sector Undertakings - Sanction of Bonus and
Ex-gratis to the employees of State Public Sector Undertakings for the year
2010-11 - Payable during 2011-12 - Orders issued.
FINANCE (BPE) DEPARTMENT
G.O.Ms.No.268
Dated: 29.09.2011
ORDER:
The Government
issue the following orders for the payment of Bonus and
Ex-gratia
for the year 2010-11 payable during 2011-12 to the workers and employees
of State Public Sector Undertakings:‑
(I)
All workers and employees of State Public Sector Undertakings who are drawing a Grade pay of Rs. 4300 in the scale of pay of
Rs.9300-34800 and below (Pre-revised scale - Rs. 5300-150-8300 and below) i.e.
those who are in the C & D Groups, irrespective of their eligibility, be paid a
minimum Bonus of 8.33% and Ex-gratia of 1.67% before 30.09.2011 to claim it as
an eligible expenditure under Income Tax Act, subject to the salary ceiling
limit of
Rs. 35001- for the purpose of determination of Bonus for
the year 2010-11 and
in relaxation of the eligibility salary ceiling of Rs.
10,0001- as per the Payment of Bonus Act,
1965.
(ii) Those State Public Sector Undertakings, which can pay
Bonus over and
above the statutory minimum Bonus, based on allocable
surplus calculated as per the Payment of Bonus Act, 1965, may pay higher bonus
upto 20% before 30.09.2011 to claim it as an eligible expenditure under Income
Tax Act,
subject to the salary ceiling limit of Rs.3,5001- for the
purpose of determination of Bonus for the year 2010-11 to the workers and to the
employees in the
C & D groups and in relaxation of the salary ceiling of Rs.
10,0001- as per the Payment of Bonus
Act, 1965. In case, the Bonus payable based on allocable surplus is less than
10%, Bonus and Ex-gratia together not exceeding 10% shall be paid.
(iii) In the case of employees falling under the above salary limit, who
worked for part of the year 2010-11 the Bonus & Ex-gratia may be proportionately
paid.
In respect of the workers I employees of State Transport
Undertakings, Tamil Nadu Electricity Board, Tamil Nadu Co-operative Milk
Producers' Federation, Tamil Nadu Civil Supplies Corporation, Poompuhar Shipping
Corporation and Plantation workers of Tamil Nadu Tea Plantation Corporation
Limited, Arasu Rubber Corporation and Tamil Nadu Forest Plantation Corporation
Limited,
the concerned Administrative Departments of the Secretariat
will issue orders.
(v) In respect of
the employees under A & B Group, separate orders for payment
of Special Adhoc Bonus 1 Ex-gratia will be issued based on the orders, if any,
issued for Government employees during Pongal Festival, 2012.
(BY ORDER OF THE
GOVERNOR)
K.SHANMUGAM,
PRINCIPAL SECRETARY TO GOVERNMENT To
The
Chief Executive Officers of all State Public Sector Undertakings
Copy
to:
The Principal SecretarylSecretary to Government,
All
Departments of Secretariat (Except Law and Legislative Assembly)
The Accountant General, Chennai-6.
The
Accountant General, Chennai-18.
The
State Election Commissioner, Chennai-106.
Public (Election) Department, Secretariat, Chennai-9.
All
Finance Directors.
11
FORWARDED
II
BY ORDER
II
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