Hi,
Are there any laws that define the minimum compensation that is to be paid to the employees working for IT / software development company in Hyderabad, Andhra Pradesh in case of redundancy / firing? I have gone through several links, few article say employer is bound to pay only the notice period and other article say that apart of notice period, employer has also to pay 15 days of salary for each year worked in company.
I would request the experts here to let me know what is the exact laws? And can I take legal action against company?
Regards.
Kumar