The clawback window
ExampleWorked example with sample numbers — nothing about you has been checked yet.
6.0 months served against a 12-month window.
Tax on the bonus (this income): ₹51,028
Effective tax on this bonus is about 26% (including cess).
This curve is all-or-nothing. Some Indian letters pro-rate the repayment by unserved months.
Whether the tax already paid comes back if you repay the bonus is fact-specific (same-year revised Form 16 is the cleanest path). Not legal advice.
If you exit at
Month 0Repay: ₹2,00,000 · Keep: -₹51,028
Month 6Repay: ₹2,00,000 · Keep: -₹51,028
Month 12Repay: ₹0 · Keep: ₹1,48,972
Estimate, not tax or legal advice. FY 2026-27 rules. Your payroll’s exact structure will differ a little.