# The Code on Wages, 2019, Section 32: Computation of gross profits

- Act: The Code on Wages, 2019 (Act 29 of 2019)
- Ministry: Ministry of Labour and Employment
- Source URL: https://indiacode.ecourtsindia.com/code-on-wages-2019/section/32/

## Text

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.

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