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Section 18 of Payment of Bonus Act, 1965

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Section 18 of Payment of Bonus Act, 1965 deals with Deduction of certain amounts from bonus payable under the Act

From the Act

Where in any accounting year, an employee is found guilty of misconduct causing financial loss to the employer, then, it shall be lawful for the employer to deduct the amount of loss from the amount of bonus payable by him to the employee under this Act in respect of that accounting year only and the employee shall be entitled to receive the balance, if any.

Related Sections from the Act

  • Section 17: Adjustment of customary or interim bonus against bonus payable under the Act
  • Section 19: Time-limit for payment of bonus
  • Section 20: Application of Act to establishments in public sector in certain cases
  • Section 21: Recovery of bonus due from an employer
  • Section 22: Reference of disputes under the Act

Related Acts

Related Rules