Labour Welfare Fund :
Odisha
Act Information
Act:The Orissa Labour Welfare Fund Act, 1996
Rule:Odisha Labour Welfare Fund, Rule, 2005
Applicability:Any commercial establishment, factories and shops employing more than 20 or more employees fall under this act. 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:10
Employer:20
Total:30
Deduction Date:30 June and 31 December
Return Submission:15 July and 15 January