In view of the upcoming Deepavali pageant, the Tamil Nadu authorities on Thursday introduced a bonus and ex gratia totaling ₹44.11 crore for 44,081 staff working in cooperative societies throughout the State for the 12 months 2024-25, to be disbursed throughout 2025-26.
Staff of cooperative societies that come underneath the Fee of Bonus Act will obtain a bonus of as much as 20%, relying on the excess accessible with every society. In societies with out surplus funds, staff can be supplied a ten% bonus and ex gratia to allow them to rejoice the Deepavali pageant, in response to an official press launch.
In profit-making cooperative societies with a restricted variety of staff that don’t fall underneath the Bonus Act, the staff will even obtain a bonus and ex gratia of as much as 20%. For non-profit-making apex and central cooperative societies that aren’t lined underneath the Bonus Act, staff will obtain an ex gratia of ₹3,000, whereas these working in main cooperative societies will obtain ₹2,400, the discharge added.
Printed – October 16, 2025 10:06 pm IST