Thursday, November 21, 2024    Bookmark and Share
Prashant Verma & Co.
Chartered Accountants
Advanced Search
My Documents
Admin Login
 
Home
Services
About Us
Presentation
Team
Contact Us
Partners
Ask a Query
News & Events
Information Sharing

 Deduction of certain amounts from bonus payable under the Act.

18. 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 Act in respect of that accounting year only and the employee shall be entitled to receive the balance, if any.

Total Visitors: 1130