The Ministry of Labour and Employment, vide S.O. 4711(E), has issued a Notification under sub-section (1) of Section 26 of the Code on Wages, 2019 concerning the wage ceiling for bonus eligibility. The notification is relevant to employers, employees, HR professionals, and payroll teams for determining the applicability of bonus-related provisions under the Code on Wages, 2019. Stakeholders are advised to refer to the official notification for complete details regarding the prescribed wage ceiling, eligibility requirements, effective date, and other applicable provisions.