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Question
What is Factory Act?? Details and explain factory Act ,ESI 
Act,PF Act,Minimum Wages Act,Bonus act,???????
 Question Submitted By :: Tanmoy
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is Factory Act?? Details and explain factory Act ,ESI Act,PF Act,Minimum Wages Act,Bonus act,???????
Answer
# 1
i am doing my sip on factoriesact so i need questionair to
write a report with in 2 day.the company give me deadline.
 
Is This Answer Correct ?    8 Yes 4 No
Namrata Panda
 
  Re: What is Factory Act?? Details and explain factory Act ,ESI Act,PF Act,Minimum Wages Act,Bonus act,???????
Answer
# 2
The Factory Acts were a series of Acts passed by the
Parliament of the India to limit the number of hours worked
by women and...

ESI ACT: it calculate if salary less than 15001,
calculation 1The monthly wage limit for coverage under the
ESI Act would be such as prescribed by the Central Govt. in
the ESI (Central) Rules 1950. The present wage ceiling for
coverage (excluding remuneration for over-time work) is Rs.
15,000/-per month taken into effect from 1.05.2010 (Rule 50
of ESI (Central) Rules 1950).

An employee who is coverable at the beginning of a
contribution period shall continue to remain covered till
the end of that contribution period notwithstanding the fact
that his wages may exceed the prescribed wage ceiling at any
time after the commencement of that contribution period.

Wage ceiling for purpose of coverage is revised from time to
time by the Central Govt. on the specific recommendation of
the Corporation

Its actually, 12% divided into = 8.33% & 3.67%
 
Is This Answer Correct ?    2 Yes 0 No
Tamal Das
 
 
 

 
 
 
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