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Calculate the amount of compensation to be paid to the dependants of a deceased employee, where death results from the injury, under the provisions of Employees Compensation Act, 1923. (Monthly wages drawn was Rs. 15,000 and relevant factoris 139.13).

Calculate the amount of compensation to be paid to the dependants of a deceased employee, where death results from the injury, under the provisions of Employees Compensation Act, 1923. (Monthly wages drawn was Rs. 15,000 and relevant factoris 139.13). Correct Answer Rs. 5,56,520

Related Questions

What is the total number of employees in the company? Which of the following option is sufficient alone to find the answer? A) In the company, employees like either tea or coffee or cold drink. Out of the total employees, 25% like tea and 40% like coffee. Out of remaining employees, 20% like cold drink and remaining employees don’t like any of these drinks. B) Out of total employees 18% working in the marketing departments, 35% working in IT departments. From the remaining employees 25% working in HR departments and 45% working in content departments and remaining 141 are working in other departments. C) Employees working in the company is form state X, Y and Z. 20% of employees working in the company is from state X and from remaining 60% employees is from state Z and the remaining employees is from the state Y. D) 60% of the employees in the company are married and remaining employees are unmarried. The ratio of male and female unmarried employees is 4 : 5 and ratio of married male and female employees is 3 : 4.
Which of the following statements are true/false?
1. In case an employee whose minimum rate of wages is fixed under this Act, works overtime, the employer need not pay the money for the extra hours devoted by the employee.
2. If an employee whose minimum rate of wages has been fixed under this Act, works for a less number of hours than the requisite number of hours on a given day, he shall be entitled to receive wages in respect ofwork done by him on that day as ifhe had worked for a full normal working day.
3. In case an employee is involved in two or more classes of work, he shall be paid on the basis of pieces involved.
4. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this Act, the employer shall pay to such employee wages at not less than the minimum time rate.
A company paid Rs. 6,00,000 as bonus to its employees at different levels A, B and C. Each employee at level A receives one and half times of the amount that was paid to each employee at level B and each employee at level B was paid twice the amount paid to the employee at level C. If 50 employees were on level A, 75 on level B and 100 on level C, how much amount was paid to each employee of level A ?
The given question is followed by two statements numbered I and II. The question may or may not be answered with the help of these statements. You have to decide if these statements are sufficient to answer the question. The four employees of a company have monthly salaries that total Rs. 30,000. What is the salary of the highest paid of these employees ? Statements: I. The highest paid employee has a monthly salary that is twice as great as that of each of the other three employees. Il. The highest paid employee has a monthly salary that is exactly Rs. 6000 greater than that of each of the other 3 employees.
Which of the following is correct in context of Minimum Wages Act, 1948?
1. In case an employee whose minimum rate of wages is fixed under this act, works overtime, the employer is bound to pay the money for the extra hours devoted by the employee.
2. In case an employee is involved in two or more classes of work, he shall be paid on the piece basis.
3. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this act, the employer shall pay to such employee wages at not less than the minimum time rate.
Which of the following statements are true/ false?
1. Every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 9.33% of the salary or wages earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year.
2. Bonus will be paid in cash to the employees.
3. If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer is bound to pay to every employee in respect of that accounting year bonus which shall be an amount in proportion to the salary or wages earned by the employee during the accounting year subject to a maximum of 10% of such salary or wage.
4. Bonus needs to be paid within a period of eight months from the close of the accounting year.
Where the death of, or bodily injury to, any person gives rise to a claim for compensation under Motor Vehicles Act, 1988 and also under the Workmen's Compensation Act, 1923, the person entitled to compensation may claim such compensation
Which of the following statements are true/false?
1. Employees Provident Fund Act, 1952 is applicable to every establishment in which twenty or more persons are employed.
2. Basic wages means all emoluments which are earned by an employee while on duty or on leave or on holidays with wages.
3. Basic wages include dearness and House Rent Allowance (HRA).
4. Employee shall pay 10% per of the basic wages, dearness allowance and retaining allowance (if any) to Employee Provident Fund Scheme.
Which of the following statements are true/false?
1. A minimum rate of wages for the time spent by employees for the production of output is minimum time rate.
2. Minimum piece rate is the rate based on the quantity of the output employees have produced.
3. The guaranteed time rate is a minimum rate of remuneration to apply in the case of employees employed on piece work for the purpose of securing to such employees a minimum rate of wages on a time work basis.
4. A minimum rate of remuneration to apply in the case of employees employed on piece work for the purpose of securing to such employees a minimum rate of wages on a time work basis is overtime rate.
A company paid tk.500000 in merit raises to employees whose performances were rated A, B, or C. Each employee rated A received twice the amount of the rated C.each employee rated B received 150% of the amount of the raise thst was paid to each employee rated C. if 50 workers were rated A,100rated B and 150 were rated C, how much was the raise paid to each employee rated B?