Gross profits computation under the Code on Wages: Central government prescribes the method for employers' accounting years. Computation of gross profits under the Code on Wages, 2019 requires that an employer's gross profits for an accounting year be calculated in the manner prescribed by the Central Government, with separate reference to banking companies and other employers; the provision is associated with payment-of-bonus framework and notes commencement by official notification.
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Gross profits computation under the Code on Wages: Central government prescribes the method for employers' accounting years.
Computation of gross profits under the Code on Wages, 2019 requires that an employer's gross profits for an accounting year be calculated in the manner prescribed by the Central Government, with separate reference to banking companies and other employers; the provision is associated with payment-of-bonus framework and notes commencement by official notification.
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