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Wages Central Rules Rule 24
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The Code on Wages (Central) Rules, 2026

Rule 24 Computation of gross profits for banking company:--

Chapter
V · Payment of Bonus
Text as on
As notified 08 May 2026
24. Computation of gross profits for banking company:--
-- The gross profits derived by an employer from an establishment in respect of the accounting year shall in the case of banking company under clause (a) of section 32, be calculated in the manner specified in AppendixDefined in rule 2(c): appendix means Appendix annexed to these rules B.