Contents of the Code on Wages

The Code on Wages, 2019

Section 38. Deduction of certain amounts from bonus payable

In force since 21 Nov 2025Chapter IV — Payment of Bonus

Official text

Where in any accounting year, an employee is found guilty of misconduct causing financial loss to the employer, then, it shall be lawful for the employer to deduct the amount of loss from the amount of bonus payable by him to the employee under this Code in respect of that accounting year only and the employee shall be entitled to receive the balance, if any.

Source: The Code on Wages, 2019, Act No. 29 of 2019 — Gazette of India, p. 16 of the PDF. Open our copy at p. 16 · official download · all sources

Explained simply in: Bonus guide

Commencement In force since 21 Nov 2025

Notification wording (1)
  • S.O. 5322(E), in force from 21 Nov 2025: “sections 1 to 41”