sushma-panchal
Maximum salary wage limit for calculation of employee compensation?
From India, Mumbai
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Umakanthan53
Labour Law & Hr Consultant
R.N.Khola
Labour Laws & Ir
Suresh2511
Labour Consultant
Kavyakushi
Accountant

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R.N.Khola
345

At present the maximum wage limit per month is Rs. 8000/- for calculation of compensation under Employees Compensation Act, 1923. R N KHOLA
From India, Delhi
Kavyakushi
1

Please share minimum wages of karnataka2020-21
From India, Bengaluru
umakanthan53
5882

The maximum wage limit for calculation of compensation under the EC Act,1923 stands revised from Rs.8000-00 to Rs.15000-00 w.e.f 03-01-2020 vide the Ministry of Labor and Employment Notification S.O.71(4) dated 03-01-2020.
From India, Salem
R.N.Khola
345

Yes, Mr. Umakantha is correct in its reply. Limit has been revised. R N KHOLA
From India, Delhi
suresh2511
236

Gazette Notification attached. Regards, Suresh
From India, Thane

Attached Files (Download Requires Membership)
File Type: pdf EC_Compensation_Wages_Amendment_03.01.2020.pdf (248.4 KB, 140 views)

sachin-padelkar1
THE MAHARASHTRA SHOPS & ESTABLISHMENT ACT, 1948 it mandatory attendance register keep on reception and employee is must sign and time in the register. having 35 employee and we are following biometrics attendance
please suggest me.
please send me labour law summer similar like i here attached

From India, Thane
sandeep2079
6

Dear Experts, Can you please help me to understand the calculation under the EC Act 1923. For Eg if the wages was 12000 what would be the calculation.
From India, Delhi
umakanthan53
5882

In such a case compensation under the ECA,1923 has to be calculated on the basis of Rs.12000/= or the statutory minimum wages whichever is higher.
From India, Salem
suresh2511
236

Dear Sandeep,
Amount of Compensation:
A. Where death results from the injury : An amount equal to (Fifty per cent) of the monthly wages of the deceased (employee) multiplied by the relevant factor (Copy of factors for working attached)
OR
an amount of (One lakh and twenty thousand rupees), whichever is higher
B. Where permanent total disablement results from the injury : An amount equal to (Sixty per cent) of the monthly wages of the injured (employee) multiplied by the relevant factor
OR
an amount of (One lakh and forty thousand rupees), whichever is higher.
suppose the age of deceased is 40 yrs. and salary 14,000/- 50% wages is Rs.7,000 x 184.17 is factor than the compensation will be Rs.12,89,190/-.
Regards,
Suresh

From India, Thane

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File Type: jpg IMG_20200504_002747.jpg (2.78 MB, 28 views)

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