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.
Section 27: Proportionate reduction in bonus in certain cases.
The Code on Wages, 2019Central Act · Act 29 of 2019
Where this provision sits
| Act | The Code on Wages, 2019 |
|---|---|
| Section | 27 |
| Marginal note | Proportionate reduction in bonus in certain cases. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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