Section 32
Computation of gross profits.
About this Act
An Act to amend and consolidate the laws relating to wages and bonus and matters connected therewith or incidental thereto.
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.
(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.