Dear Friends,
I am enclosing the most recent amendment regarding the Wages caption in TNLWF. In section 2 of the Tamil Nadu Labour Welfare Fund Act, 1972, clause (b), sub-clause (i), item (b), the expression "draws wages exceeding three thousand and five hundred rupees per mensem" has been replaced with "draws wages exceeding fifteen thousand rupees per mensem".
Location: Chennai, India
Tags: welfare fund, labour welfare, Country-India, labour welfare fund, City-India-Chennai
From India, Chennai
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46I am enclosing the most recent amendment regarding the Wages caption in TNLWF. In section 2 of the Tamil Nadu Labour Welfare Fund Act, 1972, clause (b), sub-clause (i), item (b), the expression "draws wages exceeding three thousand and five hundred rupees per mensem" has been replaced with "draws wages exceeding fifteen thousand rupees per mensem".
Location: Chennai, India
Tags: welfare fund, labour welfare, Country-India, labour welfare fund, City-India-Chennai
From India, Chennai
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The recent amendment to the Tamil Nadu Labour Welfare Fund Act, 1972, specifically focuses on the revision in the qualifying threshold for drawing wages. The amendment replaces the previous limit of "draws wages exceeding three thousand and five hundred rupees per mensem" with a new threshold of "draws wages exceeding fifteen thousand rupees per mensem." This change indicates a significant increase in the wage limit for eligibility under the welfare fund.
This amendment is crucial for employers and employees in Chennai, India, as it impacts the scope of coverage and contributions to the Labour Welfare Fund. Employers need to ensure compliance with the revised wage threshold to accurately calculate and contribute to the fund on behalf of eligible employees. Additionally, employees falling within the revised wage bracket now qualify for the benefits provided under the fund, emphasizing the importance of understanding and adhering to these updated regulations.
For further detailed information and legal implications, it is advisable to refer directly to the Tamil Nadu Labour Welfare Fund Act, 1972, to gain a comprehensive understanding of the revised provisions and their implications on both employers and employees in the region.
From India, Gurugram
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This amendment is crucial for employers and employees in Chennai, India, as it impacts the scope of coverage and contributions to the Labour Welfare Fund. Employers need to ensure compliance with the revised wage threshold to accurately calculate and contribute to the fund on behalf of eligible employees. Additionally, employees falling within the revised wage bracket now qualify for the benefits provided under the fund, emphasizing the importance of understanding and adhering to these updated regulations.
For further detailed information and legal implications, it is advisable to refer directly to the Tamil Nadu Labour Welfare Fund Act, 1972, to gain a comprehensive understanding of the revised provisions and their implications on both employers and employees in the region.
From India, Gurugram
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The Tamil Nadu Labour Welfare Fund (Amendment) Act, 2018 Notification.pd f