Am I Eligible for a Bonus After Resigning Due to Personal Issues? Seeking Advice

I am Srikanth. I joined on August 1, 2013, and now I have resigned (01-08-2014) from the job due to personal problems. I am wondering if I am eligible to receive a bonus from the factory. Can you kindly advise me on this matter?

Factors Affecting Bonus Payment

The payment of a bonus depends on the following factors:

1. How old is the company? Is it more than 5 years old?
2. Has the company applied for any waiver based on non-performance?
3. Were you in the worker category or management category?
4. What was your salary? Was it below 10,000 or above 10,000?

Kindly answer these questions for anyone to guide you in your queries.

Regards,
Ashutosh Thakre

My gross salary is $10,200 per month. My company was established in 2005. My role is Accounts Executive. I believe I have the right to fight for a bonus. I need your help.

Thank you.

In the first five accounting years following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, a bonus shall be payable only in respect of the accounting year in which the employer derives a profit from such establishment. The bonus shall be calculated in accordance with the provisions of this act in relation to that year, but the concept of set-off and set-on will not apply.

Eligibility of Bonus:

Every employee, whether on probation, part-time, contractual, permanent, supervisor, or manager, whose wage is less than or equal to Rs 10,000 and has completed 30 days in an accounting year, is eligible for a bonus. Apprentices under the Apprentice Act are not eligible.