One of our employees resigned on 9th April 2018. His employment details are given below:
1. Date of Joining: 01-09-2012
2. Date of Resignation: 9th April 2018
3. Date of Relieving: 13th April 2018
4. Actual Number of working days in April '18: 10 days
5. Basic + DA: 14,500/-
His statutory bonus up to 31-03-2018 has been cleared and paid. Is he eligible for statutory bonus for April '18 - as he has worked only for 10 days in the new financial year? Please clarify.
1. Date of Joining: 01-09-2012
2. Date of Resignation: 9th April 2018
3. Date of Relieving: 13th April 2018
4. Actual Number of working days in April '18: 10 days
5. Basic + DA: 14,500/-
His statutory bonus up to 31-03-2018 has been cleared and paid. Is he eligible for statutory bonus for April '18 - as he has worked only for 10 days in the new financial year? Please clarify.