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MONTHLY WAGES UNDER EMPLOYEES COMPENSATION ACT INCREASED TO RS. 15000/- FROM RS.8000/-

Welcome to VM Legal Associates > Uncategorized  > MONTHLY WAGES UNDER EMPLOYEES COMPENSATION ACT INCREASED TO RS. 15000/- FROM RS.8000/-

MONTHLY WAGES UNDER EMPLOYEES COMPENSATION ACT INCREASED TO RS. 15000/- FROM RS.8000/-

EMPLOYEES COMPENSATION ACT
Monthly wages under Employees Compensation Act as per Section 4 is revised to Rs.15000/- from existing Rs.8000/- .This will be effective from 3rd January,2020.

It means the calculation for compensation,in case of fatalities or disability of covered employees,
will be fifty percent of Rs.15,000/- in place of Rs.8000/-

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION
New Delhi,
the 3rd January, 2020

S.O. 71(E).—In exercise of the powers conferred by sub-section (1B) of section 4 of the Employee’s Compensation Act, 1923 (8 of 1923) and in supersession of the notification of the Ministry of Labour and Employment issued vide number S.O. 1258(E), dated 31st May, 2010;
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated 31st May, 2010, the Central Government hereby specifies, for the purposes of sub-section (1) of the said section, the following amount as monthly wages, with effect from the date of publication of this notification in the Official Gazette, namely:-
“Fifteen thousand rupees”

[F. No. S-37025/03/2016-SS-I]
VIBHA BHALLA, Jt. Secy.

For further reference –

COURTESY- RAHUL, MUMBAI.

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