×

Rule 24 of the Code on Wages (Central) Rules, 2026 - Computation of gross profits for banking company

2
Last Updated: 08-05-2026

CHAPTER V

PAYMENT OF BONUS

 

24. Computation of gross profits for banking company.[i]

The gross profits derived by an employer from an establishment in respect of the accounting year shall in the case of banking company under clause (a) of section 32, be calculated in the manner specified in Appendix B.

 

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