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Severance compensation for workmen increases to Rs. 2.5 Mn
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COLOMBO (News1st): The formula for the payment of compensation to a workman has been increased from Rs. 1.25 Mn to Rs. 2.5 Mn.
The Commissioner-General of Labour Prabath Chandrakeerthi had amended the sum of compensation paid to employees under the Termination of Employment of Workmen (Special Provisions) Act, through an extraordinary gazette dated the 25th of February 2021.
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