Labour Welfare Fund :
Delhi
Act Information
Act:The Bombay Labour Welfare Fund Act, 1953
Rule:The Delhi Labour Welfare Fund Rules, 1997
Applicability:It is applicable to any commercial establishment and shops employing more than 5 or more employees fall under this. Its enforcement is overseen by the Labour Commissioner.
Authority:Part timers or apprentices and Managerial staff.
Interest:10% on every late payment
Penalty:13% per annum on every late payment
Labour Welfare Fund Contribution
Category:To all Employees except part timers or apprentices and Managerial staff.
Employee:0.75
Employer:2.25
Total:3
Deduction Date:30 June and 31 December
Return submission:15 July and 15 January