So it's related to gratuity calculation. For gratuity calculation how the wages are taken see the formula for gratuity is. : 15 *last drawn wage*tenure whole upon 26.. and in this formula 15 is 15 days wages for every complete year.
Means if an employee completed 10 yrs then 15 days wages for 1st completed year, and another 15 days wages for 2nd completed year like that for 10 years. Is it correct mam?
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Mam can you please start an MCQ session on Industrial relations and labour laws for UPSC EPFO.
Ok
Maim please provide epfo related labour laws
Ok
Maam APPRENTICE ACT 1961 per bi class le please maam
Ma'am committee on convention 1954 kya ta iska relevance kisse h ???
ILO CONVENTION
Also do we have to read the old labour laws or the new four labour codes are enough for UPSC EPFO ??
Depends on the syllabus. If old laws are mentioned then u must. But anyways also for better understanding of present act u can go thru the old ones.
15 days’ wages for every completed year of service
on an average of 3 months’ wages.
plz explain this, i didn't get it
you are asking with reference to gratuity act na?
@@PrabhakarShakti yes mam
So it's related to gratuity calculation. For gratuity calculation how the wages are taken see the formula for gratuity is. : 15 *last drawn wage*tenure whole upon 26.. and in this formula 15 is 15 days wages for every complete year.
Means if an employee completed 10 yrs then 15 days wages for 1st completed year, and another 15 days wages for 2nd completed year like that for 10 years. Is it correct mam?
Very helpful classes. Thanks. Could you provide your telegram I'd and also the PDF file of this mcqs over there