The Payment of Wages (Punjab Amendment) Act, 1962
Punjab Act 15 of 1962
hl559
Object & Reasons6 |
(1) "wages" shall include any bonus of the description given in sub-clause (1) of clause (vi) of section 2;
(2) "bonus" means bonus payable to an employed person under the terms of employment or under any award or settlement or order or a court, and also includes any bonus of the description given in sub-clause (1) of clause (vi) of section 2."