We want to comply with the provisions of Labour Welfare Fund, from this year. We are collecting the details of persons in respect of whom payment has to be made. If we make the payment by cheque now by sending to the the concerned official, are we to add any interest for the delay. or request for waiver on receipt of any Demand from the department. Kindly elucidate with any notification/provisions in this regard.
From India, Mumbai
6From India, Mumbai
Hi,
As per the Tamil Nadu Labour Welfare Fund Act, 1972, the Interest or penalty provision are stated in Section 14, but it is not for delay in contribution of LWF. it is stated for 'Unpaid Accumulations, or fines after notice of demand received.
Hence, if you are going to make the payment for LWF contributions (Rs. 7/- + Rs. 14/-), for the year 2013, you can pay the amount without any penalty.
In case, you are looking for any support, in remittance of payment, please write to us.
From India, Chennai
As per the Tamil Nadu Labour Welfare Fund Act, 1972, the Interest or penalty provision are stated in Section 14, but it is not for delay in contribution of LWF. it is stated for 'Unpaid Accumulations, or fines after notice of demand received.
Hence, if you are going to make the payment for LWF contributions (Rs. 7/- + Rs. 14/-), for the year 2013, you can pay the amount without any penalty.
In case, you are looking for any support, in remittance of payment, please write to us.
From India, Chennai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Amendment to Payment of Bonus Act 2015.jpg
Online payment of PF mandatory from 1.1.2016.pdf
PAYMENT OF WAGES ACT 2009.doc