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Section 32 - Code on Wages, 2019
The Code on Wages, 2019
32. Computation of gross profits.-
The gross profits derived by an employer from an establishment in respect of the accounting year shall,-
(a) in the case of a banking company, be calculated in the manner as may be prescribed by the Central Government;
(b) in any other case, be calculated in the manner as may be prescribed by the Central Government.
Related Sections
- Section 52: Cognizance of offences
- Section 37: Adjustment of customary or interim bonus against bonus payable under this Code
- Section 12: Minimum time rate wages for piece work
- Section 53: Power of officers of appropriate Government to impose penalty in certain cases
- Section 5: Payment of minimum rate of wages
Related Acts
* Only for reference.