Section 24

Deductions for recovery of loans.

The Code on Wages, 2019

  • Act 29 of 2019
  • Ministry of Labour and Employment
About this Act

An Act to amend and consolidate the laws relating to wages and bonus and matters connected therewith or incidental thereto.

All sections
    Deductions under clause (g) of sub-section (2) of section 18 for recovery of loans granted to an employee, regulating the extent to which such loans may be granted and the rate of interest payable thereon, shall be such as may be prescribed.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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