Dear All, The attached PPT prepared by one of my senior friend Mr. Rahul Bagale hope you will find it useful.
From India, Pune
From India, Pune
I think a lot more changes took place after that. Someone will need to amend that. Eg. Payment of wages act limit is now 18000 not 10000 There is no limit in wca
From India, Mumbai
From India, Mumbai
Payment of Bonus Act Wage limit Rs.3,500/- to Rs,5,000/- eligible criteria enhanced up tp Rs.10,000/- but bonus calculation wage limit is enhanced Rs.3500/- to Rs.5000/- V K Rao
From India, Guntur
From India, Guntur
Dear Mr. Prasanth, While posting such information, once check with evidence. Regards, PBS KUMAR
From India, Kakinada
From India, Kakinada
None of these Amndts can be termed recent in fag end of 2013.The amndt in POB Act is non existing. Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Karthik
It depends on the age and the salary of the injured employee at the time of death..If the salary is more than Rs8000/-pm it is deemed as 8000/ only.If it is less than 8000/- actual is reckoned.
The calculation is;
50% of salary X Factor assigned to the age of employee at the time of death or Rs one lakh which ever is more.
An employee aged 30 and with salary of Rs 10000/-. is died.he is eligible for compensation of Rs 831920/-
ie 50% X 8000 X 207.98
If his salary was Rs 7800/- he would have got Rs 811122/-
Varghese Mathew
From India, Thiruvananthapuram
It depends on the age and the salary of the injured employee at the time of death..If the salary is more than Rs8000/-pm it is deemed as 8000/ only.If it is less than 8000/- actual is reckoned.
The calculation is;
50% of salary X Factor assigned to the age of employee at the time of death or Rs one lakh which ever is more.
An employee aged 30 and with salary of Rs 10000/-. is died.he is eligible for compensation of Rs 831920/-
ie 50% X 8000 X 207.98
If his salary was Rs 7800/- he would have got Rs 811122/-
Varghese Mathew
From India, Thiruvananthapuram
Dear All
I appreciate the knowledge of all learned followers. At the same time I would certainly appreciate the efforts made in sharing ppt presentation. Thanks to all. Keep the good work on and add slides to the presentation to benefit others in a consolidated form.
Happy Deepawali to all followers and team of Cite HR.
AK Jain
HR Personnel
NCL, CIL
From India, Jabalpur
I appreciate the knowledge of all learned followers. At the same time I would certainly appreciate the efforts made in sharing ppt presentation. Thanks to all. Keep the good work on and add slides to the presentation to benefit others in a consolidated form.
Happy Deepawali to all followers and team of Cite HR.
AK Jain
HR Personnel
NCL, CIL
From India, Jabalpur
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