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Section 24 - Code on Wages, 2019

The Code on Wages, 2019

24. Deductions for recovery of loans.-

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.

Related Sections

Section 28: Computation of number of working days
Section 56: Composition of offences
Section 3: Prohibition of discrimination on ground of gender
Section 9: Power of Central Government to fix floor wage
Section 19: Fines

Related Acts

Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020
Taxation Laws (Amendment) Act, 2016
Goods and Services Tax (Compensation to States) Act, 2017
Real Estate (Regulation and Development) Act, 2016
Telecommunications Act, 2023

* Only for reference.