cpc

gratuity & bonus

VP

I have two questions

1.  If an employee has worke for the entire financial year and has been through out the subsequent FY in the same organisation Bonus @ 8.33% of annual gross is payable.  Is this applicable to all categoriy of employees?  In case if the management cites recession as a reason and do not follow what next?

2.  Gratuity is payable if any employee completes 5 years of continuous service.  If one resigns before completion of 5Y and serves the notice period and complete 5 years, is Gratuity applicable?

Please clarify

 
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VP

Sorry to have posted in the wrong section. I withdraw the question from this section.

 
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