Proposed Ammendments In Labour Laws

suhaskhambe
Dear All,
Please find attached herewith proposed ammendmendmets in labour laws.
your comments are important.
varghesemathew
Mr Suhas
Wage ceiling under P of W Act is already Rs 18000/-w.e.f 9/12.The same under EC Act is already Rs8000/pm.But what you mentioned as proposed amendment is not matching with these facts.
varghese Mathew
BaseIndia Consultants
Trivandrum-9961266966
Madhu.T.K
Supplement to what Varghese has written, I would like to show some more amendments taken place already:
Wage ceiling u/s 2(s) of ID Act is Rs 10000.
Wage ceiling under Bonus Act is Rs 10000 and those drawing upto Rs 10000 are eligible to get bonus. Bonus, however, will however be calculated on a maximum salary of Rs 3500 (earlier it was Rs 2500)
Casual workers are covered under Employees (Workmen's) Compensation Act
Minimum compensation for death cases has been fixed at Rs 120000 and that for total disablement is Rs 140000.
Funeral expenses is Rs 5000
Also, the column "Employee Friendly Rating" may be either removed or rewritten because this information is required not only for employers but also for employees for whom the rating seems to be unacceptable. It is true that any amendment to Labour law will be negative to employers because these laws are made for the benefit of employees and not for employers.
Regards,
Madhu.T.K
mahesh.kulkarni1961@gmail.com
This is very old article
Bonus eligibility criteria is Rs. 10000/-
and many more changes have already done.
Updated sheet is appreciated
Regards
M.M.Kulkarni
General Manager (H.R.)
Cimmco Spinners
(A Division of Spentex Industries. Ltd.)
Phone : +91-217-2357250 Ext. 204
Cell : +91-8308418500
spentex
rajugnawali
Dear Subhash,
The information you have posted is not correct. Since this is Professional site, please ensure, you post the Correct & Updated Information.
Thanks & regards,
Gaurav Upadhye
varghesemathew
These kind of post shows that many of our HR professionals do not read latest amendments and update their knowledge.
VARGHESE MATHEW
9961266966
suhaskhambe
Dear All,
Thanks for your comments and guidance.
your suggestions and guidance is welcome.
however if you think that, I should not have posted this article then i regret.
korgaonkar k a
Dear Suhas ji,
I appreciate your efforts. There is no need to regret. At least you came to know where you are mistaken and where you need to correct your self. This is the way to learn.
I advise you to update your sheet and upload once again in this thread only.
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