Section 4: Computation of gross profits

The Payment of Bonus Act, 1965State Act of Punjab · Act 21 of 1965

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 specified in the First Schedule;

(b) in any other case, be calculated in the manner specified in the Second Schedule;]

Where this provision sits

Act	The Payment of Bonus Act, 1965
Section	4
Marginal note	Computation of gross profits
Jurisdiction	State of Punjab
Status	In force as published by the source

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