Salary limit of employees compensation
shailesh pandey
(Querist) 10 October 2011
This query is : Resolved
for calculation of the compensation the salary limit is fixed @ 4000/- or 8000/-
as an Employee who has met with an accident , his age is 50 years & basic & d.a. is 14798/-.
14798 x 60% X 30% X 153.09 (factor )= 407777/- is final amount.( his little , ring & middle fingers are amputed & lost in the accident). In the Gazzete the salary limit has been Ommitted. i.e. the actual salary wages will be counted. kindly advice. Is it correct calculation.
regards
shailesh