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Rule 20 of the Code on Wages (Central) Rules, 2026 - Deduction for recovery of loans

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Last Updated: 08-05-2026

CHAPTER IV

PAYMENT OF WAGES

 

20. Deduction for recovery of loans.[i]

As per section 24, deductions for recovery of loans granted and the interest due in respect thereof shall be as per extant instructions or guidelines of the Central Government regulating the extent to which such loans may be granted and the rate of interest that shall be payable thereon.

 

[i] Inserted by Notification No. G.S.RS. 343(E) dated 08-05-2026