Labour Welfare Fund :
Madhya Pradesh
Act Information
Act:Madhya Pradesh Shram Kalyan Nidhi Adhiniyam, 1982
Rule:The Madhya Pradesh Shram Kalyan Nidhi Rules, 1984
Applicability:It is applicable to any commercial establishment and shops employing more than 10 or more employees fall under this. Its enforcement is overseen by the Labour Commissioner.
Exemption:Part timers or apprentices and Managerial staff.
Authority:Labour Welfare Fund Commissioner
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:50
Employer:2500
Total:2550
Deduction Date:30 June and 31 December
Return Submission:15 July and 15 January