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
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
Hello Mr. Gubbi,
I have a small query pertaining to Labour welfare
1. How will the labour claim this Fund
2. It is seen most of time the labours are not aware of the fund, is their any law which saus that the employer should make the labours aware of this fund
3. what are the benefit under labour welfare fund
Dear sir please provide with the insight.
Thank you
regards
Smita
From India, Gurgaon
I have a small query pertaining to Labour welfare
1. How will the labour claim this Fund
2. It is seen most of time the labours are not aware of the fund, is their any law which saus that the employer should make the labours aware of this fund
3. what are the benefit under labour welfare fund
Dear sir please provide with the insight.
Thank you
regards
Smita
From India, Gurgaon
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