Bonus Act Amendments
The Payment of Bonus (Amendment) Act, 2015, provides for enhancing monthly bonus calculation ceiling to Rs. 7,000 per month from the existing Rs. 3,500. It also enhances the eligibility limit for payment of bonus from Rs. 10,000 per month to Rs. 21,000 per month.
Said amendment is applicable form 01.04.2015, but there is no due date for the payment of bonus for the arrears bonus. Have you any notification or circular, by when the arrears should be paid?
It is applicable from 01.04.2014. Due date is not mentioned in notification. It should be paid asap. Though you can refer notification dated 01.01.2016 in gazette of India published of Ministry of Law and Justice.