In case of death an amount equal to 50 of monthly wages multiply by a factor as per given in the sch...........

Industrial Relation and labour law Labour Laws -I

In case of death, an amount equal to 50% of monthly wages multiply by a factor as per given in the schedule 4 of the Act of deceased workman or an amount of Rs._______which ever is more will be payable as compensation to employee.

Rs 50,000

Rs. 40,000

Rs. 1,20,000

Rs. 1,40,000

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Explanation:

In case of death, an amount equal to 50% of monthly wages multiply by a factor as per given in the schedule 4 of the Act of deceased workman or an amount of Rs. 80,000/- which ever is more. This has been increased to Rs. 1,20,000/-