Central
Payment of BonusNotification regarding sub section 1 of Section 26 of Code on Wages, 2019(Bonus eligibility Wage Ceiling)
Central published this gazette notification (Gazette ID: central-notification-regarding-sub-section-1-of-section-26-of-code-on-wages-2019-bonus-eligibility-wage-ceiling) on 2026-08-25, filed under Payment of Bonus. The purpose of this notification is to provide clarity on the wage ceiling for bonus eligibility to ensure uniform implementation of the Code on Wages, 2019 across all industries.
| Issue Date | |
| Published | |
| Gazette ID | central-notification-regarding-sub-section-1-of-section-26-of-code-on-wages-2019-bonus-eligibility-wage-ceiling |
| Category | Payment of Bonus |
Action Required
Employers must review their current bonus payment structures to ensure compliance with the notified wage ceiling for bonus eligibility. They must also update their payroll systems and policies accordingly to avoid any non-compliance issues.
Statutes & Rules Amended
- Code on Wages, 2019
- Section 26, Sub-section 1
Compliance Impact
| Action Required | Employers must review their current bonus payment structures to ensure compliance with the notified wage ceiling for bonus eligibility. They must also update their payroll systems and policies accordingly to avoid any non-compliance issues. |
| Compliance Deadline |
Purpose
The purpose of this notification is to provide clarity on the wage ceiling for bonus eligibility to ensure uniform implementation of the Code on Wages, 2019 across all industries.
Summary
The Central Government has issued a notification regarding sub-section 1 of Section 26 of the Code on Wages, 2019, which pertains to the bonus eligibility wage ceiling. This notification aims to clarify the wage ceiling for bonus eligibility under the Code on Wages, 2019, effective from the date of notification.