Business Studies, asked by Deepesh1297, 11 months ago

What is the amount of compensation covered under the workmen's compensation act?

Answers

Answered by Anonymous
0

Death. The Workmen Compensation Act mandates the employer to pay a compensation amount equal to 50% of monthly wages (maximum monthly wage ceiling of Rs. 8000) of the deceased employee multiplied by the relevant factor, or a sum of Rs. 140,000, whichever is higher.

Answered by hardikrakholiya21
0

Explanation:

➡️ The Workmen Compensation Act mandates the employer to pay a compensation amount equal to 50% of monthly wages (maximum monthly wage ceiling of Rs. 8000) of the deceased employee multiplied by the relevant factor, or a sum of Rs. 140,000, whichever is higher.

Similar questions