Sruthi Sunny posted an Question
November 10, 2020 • 17:50 pm 10 points
  • UGC NET
  • Human Resource Management

What is the wage ceiling for the calculation of compensation under employees compensation act 1923?

what is the wage ceiling for the calculation of compensation under employees compensation act 1923?

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  • Ketan kiran naik best-answer

    According to the latest Employees Compensation Act 1923 under the vide order number no S.O. 71(E), minimum wages for calculation of workers' compensation has been raised from Rs 8,000 to Rs 15,000. The new minimum wage of Rs 15,000 will be effective from 3rd January 2020...in 2010 amendment it was changed to 8,000 and now 15,000.

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