Dear Seniors.
I am working in a construction company here we are deducting Rs. 10 from employee side and Rs. 20 from employer side as LWF(Labour Welfare Fund).
Can anyone let me know this amount should be included in CTC structure or Not.
Thanks
From India, Gurgaon
1I am working in a construction company here we are deducting Rs. 10 from employee side and Rs. 20 from employer side as LWF(Labour Welfare Fund).
Can anyone let me know this amount should be included in CTC structure or Not.
Thanks
From India, Gurgaon
is part of CTC, can add!!!
for which location you are working for, I have worked for many locations but did not see kind of slab (10/20), would you please let me know about the slab you are working for the location!!!
From India, Delhi
for which location you are working for, I have worked for many locations but did not see kind of slab (10/20), would you please let me know about the slab you are working for the location!!!
From India, Delhi
Dear Sir, It depends on company to company LWF Department gives the relaxation that u can cut the lwf from employee or employer can bare the amount choices are for employers Regards Ashish
From India, Pune
From India, Pune
Hi, You can; however, the amount would work out to Rs. 40/- per annum; which i believe is peanuts - unless it helps the organization come out of minimum wage issue, if any. regards,
From India, Mumbai
From India, Mumbai
Dear Bhavi,
Yes, this amount should be included in CTC structure. (In Maharashtra Slb.EE\' 6.00Rs.ER\' 18.00Rs.below 3000.00 gross & EE\' 12.00Rs. ER\' 36.00Rs. above 3000.00 Gross)After Gross amount there are two structure, EE\' & ER\'. We are deducting from EE; contribution & add in ER\' contribution (CTC).
Regards,
Anupsingh
From India, Mumbai
Yes, this amount should be included in CTC structure. (In Maharashtra Slb.EE\' 6.00Rs.ER\' 18.00Rs.below 3000.00 gross & EE\' 12.00Rs. ER\' 36.00Rs. above 3000.00 Gross)After Gross amount there are two structure, EE\' & ER\'. We are deducting from EE; contribution & add in ER\' contribution (CTC).
Regards,
Anupsingh
From India, Mumbai
Hi Bhavi, Yes, you can. However, the amount you can reflect is Rs. 40/- in the respective employee’s annual compensation package . regards
From India, Mumbai
From India, Mumbai
No were in any of the labour law speaks about CTC. CTC means cost to the company. So if you want you can add the LWF into the CTC. That is not a problem. This CTC system is only created by the employer
From India, Kochi
From India, Kochi
Dear Friends, LWF is part of CTC as Employer is contributing his share. CTC = Gross + Employer\'s Contribution
From India, Hyderabad
From India, Hyderabad
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LWF - Notification - 20th Jan 2015.pdf
PT LWF Slab.xls