Quick Navigation
Section 30 - Code on Wages, 2019
The Code on Wages, 2019
30. Establishments to include departments, undertakings and branches.-
Where an establishment consists of different departments or undertakings or has branches, whether situated in the same place or in different places, all such departments or undertakings or branches shall be treated as parts of the same establishment for the purpose of computation of bonus under this Code:
Provided that where for any accounting year a separate balance sheet and profit and loss account are prepared and maintained in respect of any such department or undertaking or branch, then, such department or undertaking or branch shall be treated as a separate establishment for the purpose of computation of bonus, under this Code for that year, unless such department or undertaking or branch was, immediately before the commencement of that accounting year treated as part of the establishment for the purpose of computation of bonus.
Related Sections
Related Acts
- National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
- Punjab Municipal Corporation Law (Extension to Chandigarh) Amendment Act, 2017
- Taxation Laws (Amendment) Act, 2016
- Bilateral Netting of Qualified Financial Contracts Act, 2020