Labour Welfare Fund :
Maharashtra
According to Maharashtra Labour Welfare Fund Act, 1953 and Maharashtra Labour Welfare Fund (Amendment) Act, 2024, all shops, factories and commercial establishments are required to deduct mandatory half-yearly welfare deductions. Non-managerial employees are eligible to pay a fixed sum of ₹25.00 and employers pay three times that sum, i.e. ₹75.00 in a six-monthly cycle. This makes the total half-yearly remittance per worker ₹100.00. These payroll liabilities are pulled on the statutory effective dates of June 30th and December 31st with final online portal return submissions and digital payments strictly due by July 15th and January 15th respectively to maintain clean compliance and bypass automated state board interest penalties.
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