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Salary limit of employees compensation

(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
M.Sheik Mohammed Ali (Expert) 10 October 2011
you must calculate basic salary and 6%.30%


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