Rupee - Law Dictionary Search Results
Home Dictionary Name: rupeeSicca rupee
Sicca rupee, originally a newly coined rupee, accepted at a higher value than those worn by use; latterly, a rupee coined under the Government of Bengal from 1793, and legally current till 1836, of a greater weight than the (India) Company's rupee, Oxf. Dict....
Rupee
Rupee, a silver coin rated at 2s. for the current, and 2s. 3d. for the Bombay, rupee.The value, however, fluctuates. And see SICCA RUPEE....
Rupee coin
Rupee coin, means rupees which are legal tender in India under the provisions of the Indian Coinage Act, 1906 (3 of 1906). [Reserve Bank of India Act, 1934 (2 of 1934), s. 2 (d)]...
High denomination bank note
High denomination bank note, 'high denomination bank note' means a bank note of the denomina-tional value of one thousand rupees, five thousand rupees or ten thousand rupees, issued by the Reserve Bank. [High Denomination Bank Notes (Demonstration) Act, 1978, s. 2(d)]...
Cine worker
Cine worker, means an individual--(i) who is employed, directly or through any contractor or other person, in or in connection with the production of a feature film to work as an artiste (including actor, musician or dancer) or to do any work, skilled, unskilled, manual, supervisory technical, artistic or otherwise; and(ii) whose remuneration with respect to such employment in or in connection with the production of such feature film does not exceed, where such remuneration is by way of monthly wages, a sum of one thousand six hundred rupees per month, and where such remuneration is by way of a lump sum, a sum of fifteen thousand rupees. [Child Labour (Prohibition and Regulation) Act, 1986 (61 of 1986), s. 2 (c); see also (50 of 1981), s. 2(c); (50 of 1981), s. 2(l)]...
Indian currency
Indian currency, 'Indian currency' means currency which is expressed or drawn in Indian rupees but does not include special bank notes and special one rupee notes issued under s. 28A of the Reserve Bank of India Act, 1934. [Foreign Exchange Man-agement Act, 1999 (42 of 1999), s. 2(9)]...
Salary or wages
Salary or wages, means all remuneration (other than remuneration in respect of over-time work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such employment and includes dearness allowance (that is to say, all cash payments, by whatever name called, paid to an employee on account of a rise in the cost of living), but does not include--(i) any other allowance which the employee is for the time being entitled to;(ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of foodgrains or other articles.(iii) any travelling concession;(iv) any bonus (including incentive, production and attendance bonus);(v) any contribution paid or payable by the employer to any pension fund or provident fund or for the benefit of the employee under any law for t...
Small-scale industrial concern
Small-scale industrial concern, means an industrial concern in which the investment in plant and machinery is not in excess of seven and a half lakhs of rupees or such higher amount, not exceeding twenty lakhs of rupees, as the Central Government may, by notification in the Official Gazette, specify in this behalf, having regard to the trends in industrial development and other relevant factors. [Banking Regulation Act, 1949 (10 of 1949), R. 5(na)]...
Workman
Workman, does not include an apprentice/trainee appointed under the Apprentices Act, 1961, Dhampur Sugar Mills v. Bhola Singh, (2005) 2 SCC 470. [Uttar Pradesh Industrial Disputes Act, 1947 (28 of 1947), s. 2(z)]Here includes an employee employed as supervisor. There are only two circumstances in which such a person ceases to be a workman. Such a person is not a workman if he draws wages in excess of Rs. 500 per month or if he performs managerial functions by reason of a power vested in him or by the nature of duties attached to his office, All India Reserve Bank Employees' Association v. Reserve Bank of India, AIR 1966 SC 305: (1966) 1 SCR 25.The term 'workman' as used in s. 33C(2) includes all persons whose claim, requiring computation under this sub-s., is in respect of an existing right arising from his relationship as an industrial workman with his employer, National Buildings Construction Corporation Ltd. v. Pritam Singh Gill, AIR 1972 SC 1579: (1972) 2 SCC 1: (1973) 1 SCR 40.Car...
Crore
Ten millions as a crore of rupees which is nearly 5000000...
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