The Payment of Bonus Act amendment are as follows: *Eligibility limit of the employee under salary or wages have increased from Rs 10000 to Rs 21000 per month. *Minimum Bonus amount has been changed from Rs 3500 to Rs 7000.
The same has come into effect from 1st April, 2014. Also, refer the blog in the link for better understanding The payment of Bonus Amendment Act 2015.
8th June 2017 From India, Bengaluru