§ 27 Code on Wages, 2019

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Section 27. Proportionate reduction in bonus in certain cases

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Act
Code on Wages, 2019
Section number
27

Section reader

The Code on Wages, 2019

27. Proportionate reduction in bonus in certain cases.-

Where an employee has not worked for all the working days in an accounting year, the minimum bonus under sub-section (1) of section 26, if such bonus is higher than eight and one third per cent. of the salary or wage of the days such employee has worked in that accounting year, shall be proportionately reduced.