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    <title>THE CODE ON WAGES, 2019 – PART II</title>
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    <description>The Code prescribes modes of wage payment, employer-fixed wage periods, and strict time limits for payment including expedited payment on termination. Deductions are permitted only for specified categories, capped at fifty percent per wage period, and fines require prescribed notice, hearing, registration and limits; realizations must fund employee benefits. Bonus rules set eligibility, a minimum floor and productivity ceiling, computation from allocable surplus with prescribed prior charges, graduated set-on/set-off across initial years, and time limits with authority extensions and dispute procedures.</description>
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    <pubDate>Mon, 19 Aug 2019 07:15:32 +0530</pubDate>
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      <link>https://www.taxtmi.com/article/detailed?id=8682</link>
      <description>The Code prescribes modes of wage payment, employer-fixed wage periods, and strict time limits for payment including expedited payment on termination. Deductions are permitted only for specified categories, capped at fifty percent per wage period, and fines require prescribed notice, hearing, registration and limits; realizations must fund employee benefits. Bonus rules set eligibility, a minimum floor and productivity ceiling, computation from allocable surplus with prescribed prior charges, graduated set-on/set-off across initial years, and time limits with authority extensions and dispute procedures.</description>
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