Friends,
PFA Employees Compensation (Amendment) Act 2017 notified on 12.4.2017. The Amendment Act provides for the following:
(a) making it obligatory on the employer to inform the employee of his rights to compensation under the Act, in writing as well as through electronic means;
(b) to enhance the penalty amount for various violations under the Act from the existing amount of five thousand rupees to fifty thousand rupees which may be extended to one lakh rupees;
(c) to make the employer liable to penalty for failure to inform the employee of his rights to compensation under the Act;
(d) to revise the minimum amount involved in the dispute for which appeal can be filed to the High Court, from the existing three hundred rupees to ten thousand rupees or such higher amount as the Central Government may, by notification, specify;
(e) to omit section 30A of the Act which empowers the Commissioner to withhold payment to an employee of any sum in deposit with him where an appeal is filed in the High Court by an employer. This omission will provide relief to the employees as the amount can now be withheld only when there is a stay or order to that effect by the High Court in cases where the appeal has been filed by the employer.
Thanks
From India, Malappuram
PFA Employees Compensation (Amendment) Act 2017 notified on 12.4.2017. The Amendment Act provides for the following:
(a) making it obligatory on the employer to inform the employee of his rights to compensation under the Act, in writing as well as through electronic means;
(b) to enhance the penalty amount for various violations under the Act from the existing amount of five thousand rupees to fifty thousand rupees which may be extended to one lakh rupees;
(c) to make the employer liable to penalty for failure to inform the employee of his rights to compensation under the Act;
(d) to revise the minimum amount involved in the dispute for which appeal can be filed to the High Court, from the existing three hundred rupees to ten thousand rupees or such higher amount as the Central Government may, by notification, specify;
(e) to omit section 30A of the Act which empowers the Commissioner to withhold payment to an employee of any sum in deposit with him where an appeal is filed in the High Court by an employer. This omission will provide relief to the employees as the amount can now be withheld only when there is a stay or order to that effect by the High Court in cases where the appeal has been filed by the employer.
Thanks
From India, Malappuram
for calculation employee compensation we fir see the actual basic which is 8500 limit for the calculation of wages and the same is multiply with the relevant factor and with disability percentage.
Example in death case
Compensation Calculation (Death Case)
1 Name
2 Designation
3 Date of Birth 26.09.1989
4 Age prior to the accident 22
5 Date of accident 21.07.2011
6 Rate of Payment (Per Day) 160.78
7 Monthly Wages 7200
8 50% of Total Wages (In case of death) 3600
9 Relevant Factor Under Schedule IV- WC Act 166.29
10 Compensation Amount to be Payable 598644.
From India, Bokaro
Example in death case
Compensation Calculation (Death Case)
1 Name
2 Designation
3 Date of Birth 26.09.1989
4 Age prior to the accident 22
5 Date of accident 21.07.2011
6 Rate of Payment (Per Day) 160.78
7 Monthly Wages 7200
8 50% of Total Wages (In case of death) 3600
9 Relevant Factor Under Schedule IV- WC Act 166.29
10 Compensation Amount to be Payable 598644.
From India, Bokaro
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.