In the states of Andhra Pradesh, Haryana, Karnataka, Tamil Nadu and others, it is an annual payment whereas for Gujarat, Madhya Pradesh, Maharashtra etc the payment is in June and December.įor example, in Tamil Nadu, employee contribution is Rs. But the rate and frequency of contribution and the due date differ from state to state. The Labour Welfare Fund Act includes various services, benefits and facilities for the employee by the employer.īoth the employer and the employee contribute towards this fund. It is a kind of financial aid for labourers to improve their working conditions, social security, and standard of living. The due date for online payment has been extended till 15th August 2020. Maharashtra Labour Welfare Fund has given relaxation to all establishments for the convenience of the online Maharashtra Labour Welfare Fund contribution payment for the period of June 2020. It will be 18% on the due amount after 3 months. Last date is on 15-01-2021 and delay in payment will result in a interest of 12% for 1st 3 months. 20:40 (employees:employers) & remit it online. We will cover the following topics:Īs per Karnataka Labour Welfare Act, it is madatory for factory, plantations, workshops, motor, ominibus services and shops and commercial establishment/ ITBT firms more than 50 employees, charitable trust, registered societies to pay contribution in the ratio of Rs. Hello, in this post, we will discuss about the Labour Welfare Fund.
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