VINAY KUMAR AGGARWAL (Head H R) 25 September 2010
Recently W C Act has been amended and it has become Employee Compensation Act. Would like to know Is there any ceiling on wages/salary while computing the comensation in cae of any mishappening.
Computation will be on Gross salary or Basic + DA
Who all are covered now.
Vijayarajan (Executive Director) 26 September 2010
The limit is 8000/-
VINAY KUMAR AGGARWAL (Head H R) 26 September 2010
As per ec 4b explanation II has been omitted. Even then limit of Rs 8,000/- applicable or not. Pl comment
VINAY KUMAR AGGARWAL (Head H R) 27 September 2010
As per new amendment in Sec 4b Explanation II has been omitted. Even then limit of Rs 8,000/- is applicable or not. Below is the copy off amendment.
"(iv) after clause b, Explanation II shall be omitted."
In the light of above pl advise.
Shreyas Zinjarde (Advocate/Consultant) 27 September 2010
The limit has been deleted. Raising and or deleting the limit It might sound outragious but then the rates of minimum wages have gone up. One has to calculate the raes of wages by taking into consideration the Basic + D.A.
Regards
S.G.Zinjarde Adv.
Vijayarajan (Executive Director) 27 September 2010
kindly refer notificationSO 1258/E/dated 31-5-2010 wherin the wages has been fixed.
VINAY KUMAR AGGARWAL (Head H R) 28 September 2010
Dear Mr Vijayrajan,
Thanks for the input and would like to have a copy of the notification Is it possible for u to supply a copy of the said document on my mail id: vkaggarwal@pratibhasyntex.com
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