Is an Employee Eligible for a Diwali Bonus After Resigning and Serving Notice?

himanshu1985
Hello Everyone, I request all of you to help me and clear my doubts as soon as possible. If an employee (basic salary greater than 10,000) resigns and serves the proper notice period, is he eligible for a bonus (Diwali Bonus is part of the C.T.C)? I am awaiting your valuable feedback. Thank you in anticipation.
saswatabanerjee
Bonus Eligibility and Payment

Our bonus is not covered by the Payment of Bonus Act. Therefore, it is discretionary. It is at the company's discretion whether to give it to you or not.

Regards,
rajans68
Bonus Payment in India

Every employer in India should pay a bonus to employees whose basic salary is less than Rs. 10,000/-. Please tell me how the bonus of your company or any company operating in India is not covered by the Payment of Bonus Act.

Regards,
Srinivas
saswatabanerjee
If you read the original post, it very clearly states the concerned person has a basic salary above ₹10,000. Since the bonus under the Payment of Bonus Act applies only to employees with a salary below ₹10,000, the act does not apply, and the bonus is payable at the discretion of the employer.

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