The Code on Wages, 2019
Section 27. Proportionate reduction in bonus in certain cases
In simple words
- If an employee did not work all the working days in the accounting year, the minimum bonus is reduced in proportion, where it is higher than eight and one third per cent of the wages for the days worked s. 27.
An explanation, not the law. The official text below prevails.
Official 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.