Hi,
I have worked in a company for 2 months where yearly bonus was a part of my CTC which was deducted from monthly pay i.e. 643 /- per month. As I have resigned the company within 2 months with notice period, they are not agreed to pay the deducted bonus while it's a part of my CTC.
Please advice if as per the bonus law, can a company forfeit the employee bonus which is a part of CTC and should be paid at the end of the year.
I have worked in a company for 2 months where yearly bonus was a part of my CTC which was deducted from monthly pay i.e. 643 /- per month. As I have resigned the company within 2 months with notice period, they are not agreed to pay the deducted bonus while it's a part of my CTC.
Please advice if as per the bonus law, can a company forfeit the employee bonus which is a part of CTC and should be paid at the end of the year.