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Code on Wages Chapter IV
The Code on Wages, 2019

Chapter IV Payment of Bonus

Sections
16 · sections 26 to 41
  1. Section 26 Eligibility for bonus, etc
  2. Section 27 Proportionate reduction in bonus in certain cases
  3. Section 28 Computation of number of working days
  4. Section 29 Disqualification for bonus
  5. Section 30 Establishments to include departments, undertakings and branches
  6. Section 31 Payment of bonus out of allocable surplus
  7. Section 32 Computation of gross profits
  8. Section 33 Computation of available surplus
  9. Section 34 Sums deductible from gross profits
  10. Section 35 Calculation of direct tax payable by employer
  11. Section 36 Set on and set off of allocable surplus
  12. Section 37 Adjustment of customary or interim bonus against bonus payable under this Code
  13. Section 38 Deduction of certain amounts from bonus payable
  14. Section 39 Time limit for payment of bonus
  15. Section 40 Application of this Chapter to establishments in public sector in certain cases
  16. Section 41 Non-applicability of this Chapter