The Workmen's Compensation Act (Amendment) Act 2009, wherein the amendment made provides "after clause (b) Explanation II shall be omitted." This is an amendment in subsection 1 of section 4.
In view of the above, the maximum wage limit being considered for the calculation of employee compensation in case of death/permanent disablement under the Employees' Compensation Act has been withdrawn.
If not withdrawn, then what is the wage limit? What is the impact of the aforementioned amendments?
If withdrawn, then what is this "Rs. 15000/-" declared under the notification dated 3rd January 2020 by the central government.
From India, Mumbai
Acknowledge(0)
Amend(0)
In view of the above, the maximum wage limit being considered for the calculation of employee compensation in case of death/permanent disablement under the Employees' Compensation Act has been withdrawn.
If not withdrawn, then what is the wage limit? What is the impact of the aforementioned amendments?
If withdrawn, then what is this "Rs. 15000/-" declared under the notification dated 3rd January 2020 by the central government.
From India, Mumbai
Acknowledge(0)Amend(0)
The present wage ceiling is Rs. 15,000. The compensation payable is equal to 50% of the said salary multiplied by the age factor, subject to a minimum of Rs. 120,000 in the case of death, and 60% of Rs. 15,000 multiplied by the relevant age factor, subject to a minimum of Rs. 140,000 for permanent disablement.
Please attach the gazette notification that you have referred to in your post for further clarification.
From India, Kannur
Acknowledge(0)Amend(0)
4758Please attach the gazette notification that you have referred to in your post for further clarification.
From India, Kannur
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
Employee's Compensation Act-2009.pdf
THE EMPLOYEE COMPENSATION ACT.docx