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Section 24 of Code on Wages - Deductions for recovery of loans

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Last Updated: 08-08-2019

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.