Would like to confirm whether a Manpower Staffing firm needs to be a part of or pay the Labor Welfare Fund or not. If yes, is it a quarterly practice or half-yearly?
Please elaborate for a clear understanding of LWF.
From India, Gurgaon
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Please elaborate for a clear understanding of LWF.
From India, Gurgaon
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The Labour Welfare Fund Act
The Labour Welfare Fund Act is applicable to factories and establishments covered under the Shops and Establishment Act employing 5 or more employees. It is a biannual practice, meaning that contributions are to be deducted from employees' salaries twice a year, in June and December.
Please let me know if you need further assistance or have any other questions.
From Germany
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2The Labour Welfare Fund Act is applicable to factories and establishments covered under the Shops and Establishment Act employing 5 or more employees. It is a biannual practice, meaning that contributions are to be deducted from employees' salaries twice a year, in June and December.
Please let me know if you need further assistance or have any other questions.
From Germany
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TN Labour Welfare Fund 2018.pdf
Statewise Labour Welfare Fund.xls