Please Tell Me About The Salary & Wages If Unpaid What Should We Do? How Many Year I Have To Keep? After That Where I Should Remit After The Expire Of Years? Regards
From India, Delhi
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9From India, Delhi
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You can keep the unpaid wages / fines for 3 years. Then you should deposit in labour welfare fund if it is not claimed by the person.
From India, Chennai
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From India, Chennai
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Dear MR. Stephen, Thnx for sharing such imp. point. Can u pls share any notification / section regarding depositing the Unpaid wages into Labour welfare Fund.
From India, Delhi
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From India, Delhi
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in Haryana now you can keep unpaid accumulations for only 2 year
From India, Faridabad
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From India, Faridabad
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Understanding Unpaid Accumulations Under the TN Labour Welfare Fund Act, 1972
As per the TN Labour Welfare Fund Act, 1972, Section 2(i) defines "unpaid accumulations" as follows: "Unpaid accumulations" means all payments due to the employees but not made to them within a period of three years from the date on which the payment became due, whether before or after the commencement of this Act. This includes wages, bonuses, and gratuity legally payable, but does not include the amount of contribution, if any, paid by an employer to the provident fund established under the Employees Provident Fund Act, 1952.
Check your state's act. Mostly, the same provisions would be applicable.
From India, Chennai
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As per the TN Labour Welfare Fund Act, 1972, Section 2(i) defines "unpaid accumulations" as follows: "Unpaid accumulations" means all payments due to the employees but not made to them within a period of three years from the date on which the payment became due, whether before or after the commencement of this Act. This includes wages, bonuses, and gratuity legally payable, but does not include the amount of contribution, if any, paid by an employer to the provident fund established under the Employees Provident Fund Act, 1952.
Check your state's act. Mostly, the same provisions would be applicable.
From India, Chennai
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TN Labour Welfare Fund 2018.pdf
Statewise Labour Welfare Fund.xls
Pawanindigo
Please share any notification or section in Act