Hi, Can you please give me breakup of retrenchment benefits applicable to a person who has completed couple of yrs of services under the factory act.
From India, Chandigarh
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From India, Chandigarh
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Dear Kamal,
Please go through chapters VA & VB on Retrenchment under the Industrial Disputes Act, 1947 for your query.
With Regards, R.N.Khola
From India, Delhi
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422Please go through chapters VA & VB on Retrenchment under the Industrial Disputes Act, 1947 for your query.
With Regards, R.N.Khola
From India, Delhi
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Hi Khola,
As per my knowledge, I think these are the only benefits. Please correct me if I am wrong.
1. One month notice period salary @ Basic-HRA
2. 15 days basic wages multiplied by the number of completed years of service
3. Any traveling allowance
Thank you.
From India, Chandigarh
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As per my knowledge, I think these are the only benefits. Please correct me if I am wrong.
1. One month notice period salary @ Basic-HRA
2. 15 days basic wages multiplied by the number of completed years of service
3. Any traveling allowance
Thank you.
From India, Chandigarh
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can Any one pls suggest me Under which section employee wil get Retrenchment benefits?? What is meant by VA & VB?? Regards Charvaka Reddy
From India, Hyderabad
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From India, Hyderabad
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Dear Charvaka,
These are chapters 5A and 5B of the Industrial Disputes Act, 1947, on Lay Off and Retrenchment.
With Regards,
R.N.Khola
From India, Delhi
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These are chapters 5A and 5B of the Industrial Disputes Act, 1947, on Lay Off and Retrenchment.
With Regards,
R.N.Khola
From India, Delhi
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Hi, this is what I have on the subject. My suggestion? Don't start reading the whole PPT. Just go to the retrenchment part and read it. Then you will be less confused.
To all, I may have taken this presentation from CiteHR itself. So please do not think that I am taking credit for it. Just trying to help.
Regards, Kavitha
From India, Bangalore
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To all, I may have taken this presentation from CiteHR itself. So please do not think that I am taking credit for it. Just trying to help.
Regards, Kavitha
From India, Bangalore
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Dear All,
According to my opinion, Cite HR members who are desirous of utilizing this presentation on Retrenchment and who are covered under Chapter V B of the Industrial Disputes Act, 1947 should read sixty days wherever it is written as three months. This opinion relates to Haryana State only.
With Regards,
R.N. Khola
From India, Delhi
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According to my opinion, Cite HR members who are desirous of utilizing this presentation on Retrenchment and who are covered under Chapter V B of the Industrial Disputes Act, 1947 should read sixty days wherever it is written as three months. This opinion relates to Haryana State only.
With Regards,
R.N. Khola
From India, Delhi
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Industrial Disputes Amendment Act 2010.doc
Industrial Disputes Act 1947.pdf