Is it mandatory to have Workmen Compensation Insurance under the Employee's Compensation Act, 1923?

No, it is not mandatory to have Workmen (Employee’s) Compensation Insurance under the Employee’s Compensation Act, 1923. However, employers are legally required to pay compensation for workplace injuries or death, and insurance is a recommended way to manage this liability.

Shekar Ganagaluru's Books

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K. VITTALA RAO's HR Books