Rule 22: Calculation for sixth accounting year

Rule 22 — Governs calculation for sixth accounting year and the rights, duties, powers or procedure expressly stated in this rule. Key operative text: :–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency,…

Full notified rule textG.S.R. 343(E), 8 May 2026Source checked: 20 August 2026

Rule status

Code on Wages (Central) Rules, 2026 were finally notified under G.S.R. 343(E), 8 May 2026. The Central Rules must be read with the Code and any later amendment/corrigendum.

Official Gazette

Open the notified Rules ↗

Finin2min analysis — operative rule mechanics

Operative clauses

:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the fifth and sixth accounting years.

Provisos / explanations

No proviso/explanation was separately extracted from this rule.

Thresholds & timelines

Calculation for sixth accounting year:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the…

Mapped Code sections

Section 26

Full notified text — Rule 22

English rule text transcribed from the final official 2026 Gazette PDF; layout is normalised for web reading. The Gazette controls.

22. Calculation for sixth accounting year:–– For the sixth accounting year, set on or set oﬀ, as the
 case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in
 Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable
 surplus set on or set off, in respect of the fifth and sixth accounting years.

Application and evidence

Primary statutory test — :–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the fifth and sixth accounting years.
Numerical or timing control — Calculation for sixth accounting year:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the…
Code Section mapping — 26. Read the mapped provision together with this text rather than treating the concordance as a substitute for it.

Cross-references & prescribed forms

Sections cited/mapped

Section 26

Forms

No form is directly mapped in the current rule register.

Worked example

An employer configuring payroll for calculation for sixth accounting year should first identify the employee and wage period, then apply the exact provision and any linked rule. The system rule should be tested against a sample payslip and bank/payment record. A text point to test is: “Calculation for sixth accounting year:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the cas” Reconcile the mapped Code Section(s) 26.

Illustrative only. Use the exact notified rule, prescribed form and competent authority.

Q&A — Rule 22

What is Rule 22 of the Code on Wages (Central) Rules, 2026?

What does Rule 22 require or permit?

A principal operative clause extracted from the notified rule is: “:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the fifth and sixth accounting years.” Read it with all sub-rules and provisos below.

Does Rule 22 contain a proviso or explanation?

No standalone proviso or explanation was extracted from this rule text. Check the complete rule below for clause-level conditions.

What deadline, period, percentage or amount appears in Rule 22?

The rule contains this numerical/time expression: “Calculation for sixth accounting year:–– For the sixth accounting year, set on or set oﬀ, as the case may be, shall be made under clause (i) of sub-section (7) of section 26, in the manner illustrated in Appendix A, taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off, in respect of the…” Apply it only in its notified context.

Which Code sections are linked to Rule 22?

The current concordance maps Rule 22 to Section(s) 26.

When did Rule 22 come into force?

The final Central Rules were notified as G.S.R. 343(E), 8 May 2026; Rule 1 states that the Rules come into force on publication. Check any later amendment or corrigendum before reliance.

Primary sources

Code on Wages (Central) Rules, 2026 — official Gazette PDF ↗

Code on Wages, 2019 — India Code ↗

Source check: 20 August 2026.

Jurisdiction note: This is the Central Rule corpus. Check State rules/notifications where the State Government is the appropriate Government and check later Gazette amendments before acting.