Labour Welfare Fund :
Maharashtra
Act Information
Act:The Maharashtra Labour Welfare Fund Act, 1953
Rule:The Maharashtra Labour Welfare Fund Rules, 1953
Applicability:Any commercial establishment, factories and shops employing more than 5 or more employees fall under this act. 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:25
Employer:75
Total:100
Deduction Date:30 June and 31 December
Return Submission:15 July and 15 January