You may be aware of this. I thought I will share:
This is to inform you that “The Karnataka Labour Welfare Fund (Amendments) Bill, 2017 has come into effect on 6.4.2017.
Till 2016, the Labour Welfare Fund contribution was paid at Rs. 6:12:6.
With this Amendment, with effect from 2017 all establishments including those registered under Shops and Establishments Act have to contribute to the Labour Welfare Fund in the ratio of Rs. 20:40 on or before 15th of January of each succeeding year (for example: for the year ending on 31st December 2017 contribution has to be made on or before 15th Jan 2018).
In this contribution, Rs. 20 is Employee contribution and Rs. 40 Employer’s contribution for the total number of employees working under the employer.
Dr. Gubbi
From India, Bangalore
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2This is to inform you that “The Karnataka Labour Welfare Fund (Amendments) Bill, 2017 has come into effect on 6.4.2017.
Till 2016, the Labour Welfare Fund contribution was paid at Rs. 6:12:6.
With this Amendment, with effect from 2017 all establishments including those registered under Shops and Establishments Act have to contribute to the Labour Welfare Fund in the ratio of Rs. 20:40 on or before 15th of January of each succeeding year (for example: for the year ending on 31st December 2017 contribution has to be made on or before 15th Jan 2018).
In this contribution, Rs. 20 is Employee contribution and Rs. 40 Employer’s contribution for the total number of employees working under the employer.
Dr. Gubbi
From India, Bangalore
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Hello Mr. Gubbi,
I have a small query pertaining to Labour welfare:
1. How will the labor claim this fund?
2. It is seen most of the time that laborers are not aware of the fund. Is there any law which states that the employer should make the laborers aware of this fund?
3. What are the benefits under the labor welfare fund?
Dear sir, please provide me with insight.
Thank you.
Regards,
Smita
From India, Gurgaon
Acknowledge(0)Amend(0)
I have a small query pertaining to Labour welfare:
1. How will the labor claim this fund?
2. It is seen most of the time that laborers are not aware of the fund. Is there any law which states that the employer should make the laborers aware of this fund?
3. What are the benefits under the labor welfare fund?
Dear sir, please provide me with insight.
Thank you.
Regards,
Smita
From India, Gurgaon
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1The Karnataka Labour Welfare Fund (Amendment) Act, 2017.pdf