There is a maximum salary fixed under the WC Act. As such the maximum salary is to be Rs 8000 and 50% or 60% of 8000 is to be multiplied by the factor inorder to get the compensation amount. The table forgets to take this provision and therefore, if you put a salary of Rs 100000 also, it will calculate compensation based on that salary but it should be limited to Rs 8000. Please make necessary changes in the excel so as to incorporate this also.
Regards,
Madhu.T.K
From India, Kannur
4250Regards,
Madhu.T.K
From India, Kannur
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Workers parents can get claim under Employees Compensation Act - Madras HC.pdf
EMPLOYER COMPENSATION AS PER W.C. ACT.doc