Section 32. Computation of gross profits

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Act: Code on Wages, 2019
Section number: 32

Section reader

The Code on Wages, 2019

32. Computation of gross profits.-

The gross profits derived by an employer from an establishment in respect of the accounting year shall,-

(a) in the case of a banking company, be calculated in the manner as may be prescribed by the Central Government;

(b) in any other case, be calculated in the manner as may be prescribed by the Central Government.