Dear Mr Jitenderdhar,
Payment of Bonus Act says that if any employee whose basic salary does not exceeds Rs 10000/- as per latest amendment, such employee entitles for bonus at 8.33% on wage ceiling of Rs 3500/- provided that he should work in the company for not less than 30 days in a financial year which commences from 1st April to 31st March of preceding year. However, newly set up organization / company is having infancy protection for a period of 3 yrs under this act and such company need not pay bonus for its employees if it earns no profit within said period. But, on completion of 5 year, such company also requires to pay minimum bonus at 8.33% bonus to its employees whether it is earning profit or not?
So if your company is having any infancy protection under this act and earning no profit, you cannot claim bonus as matter of right. or else if other employees are getting bonus, then you can approach your HR Dept and request them to bonus on par with other employees to settle the issue amicably or else make an application to Dy.Commissioner of Labor / any labor dept officials in whose jurisdiction your company falls to get the bonus under the Payment of Bonus Act and rules made thereunder.
Regards
NVRao
Tanuku
Andhra Pradesh