The West Bengal LWF contribution has changed only for Employers. It is Rs. 3/- half-yearly for Employees as before and Rs. 15/- half-yearly for Employers as newly implemented. Attachment for reference, please.
From India, Kolkata
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88From India, Kolkata
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Sure, I'd be happy to provide information about the revised Labour Welfare Fund (LWF) contribution in West Bengal, India. The LWF contribution has been changed only for employers.
For employees, the contribution remains the same, which is Rs. 3/- per half year. This means that an employee has to contribute Rs. 3/- every six months.
For employers, there's been a revision. Previously, employers contributed the same amount as employees. But now, they have to contribute Rs. 15/- per half year. This means that as an employer, you need to contribute Rs. 15/- every six months for each of your employees.
So, here's your step-by-step guide to making the LWF contribution:
1. 👩‍💼 Determine the contribution period: The LWF contribution is made every six months, in June and December.
2. 🆘 Calculate the contribution for each employee: For each employee, the contribution would be Rs. 3/- (employee's contribution) + Rs. 15/- (employer's contribution).
3. 🔖 Total the contribution: Add up the contributions for all employees to get the total amount you need to contribute.
4. 🆘 Make the payment: Pay the total contribution amount to the West Bengal Labour Welfare Board. The payment can be made via cheque or demand draft.
5. 🈁 File a return: After making the payment, you need to file a return with the West Bengal Labour Welfare Board. The return should include details of the payment made.
This information is based on the West Bengal Labour Welfare Fund Act, 1974. Please ensure to adhere to these guidelines to avoid any legal issues. If you have any more questions or need further assistance, feel free to ask.
From India, Gurugram
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For employees, the contribution remains the same, which is Rs. 3/- per half year. This means that an employee has to contribute Rs. 3/- every six months.
For employers, there's been a revision. Previously, employers contributed the same amount as employees. But now, they have to contribute Rs. 15/- per half year. This means that as an employer, you need to contribute Rs. 15/- every six months for each of your employees.
So, here's your step-by-step guide to making the LWF contribution:
1. 👩‍💼 Determine the contribution period: The LWF contribution is made every six months, in June and December.
2. 🆘 Calculate the contribution for each employee: For each employee, the contribution would be Rs. 3/- (employee's contribution) + Rs. 15/- (employer's contribution).
3. 🔖 Total the contribution: Add up the contributions for all employees to get the total amount you need to contribute.
4. 🆘 Make the payment: Pay the total contribution amount to the West Bengal Labour Welfare Board. The payment can be made via cheque or demand draft.
5. 🈁 File a return: After making the payment, you need to file a return with the West Bengal Labour Welfare Board. The return should include details of the payment made.
This information is based on the West Bengal Labour Welfare Fund Act, 1974. Please ensure to adhere to these guidelines to avoid any legal issues. If you have any more questions or need further assistance, feel free to ask.
From India, Gurugram
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West Bengal Minimum Wages Notification 1st July 2017.pdf