Labour Welfare Fund

Labour Welfare Fund

LABOUR WELFARE FUND SERVICES
Maharashtra Labour Welfare Fund has become effective in the year 1953 and is applicable to all the companies in the state that has 5 or more persons employed, who are considered contract labours as per the Act.

Calculation: Here contribution from an employee is of Rs12/- while the employer contributes Rs.36/-. The total contribution comes to Rs.48/-.

Payable: The periodicity is 30th June and 31st December. The last date for submission is 15th July and 15th January respectively.