Hi Friends This is R.Mohanasundaram again and now i have attached a whole article on compensation management it constitutes a wide range of information. Hope it will definitely be of a useful one.
From India, Tiruchchirappalli
57From India, Tiruchchirappalli
Can you please help...
I would like to know the calculations regarding the compensation to be paid to the victim in case of Accident causing Fatality / Permananet Disability.
Please let me know the statue regaring this... Its cover under factories act or Workmen Compensation Act...
Thanks in advance.
With regards,
Dipil Kumar V
From India
I would like to know the calculations regarding the compensation to be paid to the victim in case of Accident causing Fatality / Permananet Disability.
Please let me know the statue regaring this... Its cover under factories act or Workmen Compensation Act...
Thanks in advance.
With regards,
Dipil Kumar V
From India
Hai dipil,
I would like to breif you about workmen compensation:
For fatal accident : calculation will be 50% of basic wages x age factor
for permanent disability : Calculation will be 60% of basic wages x age factor x % of disability certified by the authoriesed doctor or certified surgeon in gazeetted rank.
pls refer wc act 1923 for age factor.
Regareds,
S. ANAND SIVAKUMAR
From India, Madras
I would like to breif you about workmen compensation:
For fatal accident : calculation will be 50% of basic wages x age factor
for permanent disability : Calculation will be 60% of basic wages x age factor x % of disability certified by the authoriesed doctor or certified surgeon in gazeetted rank.
pls refer wc act 1923 for age factor.
Regareds,
S. ANAND SIVAKUMAR
From India, Madras
Hi Friends What Anand said is right you can very well refer it under the Wages Act 1923 it will givew you a clear picture about it.If you have further more clarification tell me.
From India, Tiruchchirappalli
From India, Tiruchchirappalli
@ S. ANAND SIVAKUMAR & Citizen 1502
Thanks a lot for your valuable reply.... Really helpfull....
Can you please do me one more help... Please mention the section under Workmen's Compensation Act, 1923 from which I will get the details regarding Age Factor...
Also is there any clause in Factories Act regarding the compensation to the victims of accidents.
Thanks in advance.
With regards,
Dipil Kumar V
From India
Thanks a lot for your valuable reply.... Really helpfull....
Can you please do me one more help... Please mention the section under Workmen's Compensation Act, 1923 from which I will get the details regarding Age Factor...
Also is there any clause in Factories Act regarding the compensation to the victims of accidents.
Thanks in advance.
With regards,
Dipil Kumar V
From India
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