Hi,
1.As per the new notification of employee compensation act certain changes have been made in claim calculation.In case the employee loses his life, the amount shall be equal to Rs. 1,20,000 or 50% of the employee’s monthly wage multiplied by the relevant factor; whichever one is higher.
If, by the accident, the employee is left totally incapacitated then Rs. 1,20,000 or 60% of the employee’s monthly wage of the employee multiplied by relevant factor shall be paid as compensation; whichever one is higher.
how do we arrive at the amount of 1,20,000 and what is the relevant factor.
2. How to calculate gratuity when it comes to 4.8 or 4.9 years. What is the basic rule depending on the number of the working days.
3. SL/CL is mentioned under which act and how many in a year.
4. As per Factories how time before expiry we have to apply for renewal of factory license.
5. In simple words not as written in act what is Continuous Service as per I.D Act 1947
1.As per the new notification of employee compensation act certain changes have been made in claim calculation.In case the employee loses his life, the amount shall be equal to Rs. 1,20,000 or 50% of the employee’s monthly wage multiplied by the relevant factor; whichever one is higher.
If, by the accident, the employee is left totally incapacitated then Rs. 1,20,000 or 60% of the employee’s monthly wage of the employee multiplied by relevant factor shall be paid as compensation; whichever one is higher.
how do we arrive at the amount of 1,20,000 and what is the relevant factor.
2. How to calculate gratuity when it comes to 4.8 or 4.9 years. What is the basic rule depending on the number of the working days.
3. SL/CL is mentioned under which act and how many in a year.
4. As per Factories how time before expiry we have to apply for renewal of factory license.
5. In simple words not as written in act what is Continuous Service as per I.D Act 1947