Home Acts & Rules SEBI Regulation Securities And Exchange Board Of India (Employees' Service) Regulations, 2001 Chapters List Chapter IV PAY, ALLOWANCES AND OTHER BENEFITS This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Regulation 19 - When accrue and payable - Securities And Exchange Board Of India (Employees' Service) Regulations, 2001Extract When accrue and payable 19. Subject to the provisions of these Regulations, pay and allowances shall accrue from the commencement of the service of an employee, and shall become payable on the afternoon of the last working day of each month in respect of the service performed during the said month. Provided that an employee proceeding on ordinary leave other than extraordinary leave for a period not less than one month may be paid in advance one month's pay and allowances if he applies therefor.
|