TypeBare Act JurisdictionCentral Government Enacted2019

The Code on Wages, 2019 Section 27

Proportionate reduction in bonus in certain cases

Section Text

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.