Hi,
Yes, there is a Act called West Bengal Labour Welfare Fund Act. Please read this para...
Under Rule 4 of the West Bengal Labour Welfare Fund Rules, 1976 every employer of a factory or commercial establishment etc. shall send the Welfare Commissioner, West Bengal Labour Welfare Board unpaid accumulation i.e. the sum of money due to the employees on account of wages, bonus, gratuity etc., but actually not paid to them within a period of 3 yrs. from the date on which they become due and all fines realized from the employees of its establishment during the quarters ending 31st March, 30th June, 30th September and 31st December within 15 days from the closing of each quarter. The payment of unpaid accumulations and fines shall be accompanied by a statement giving full particulars of the amounts paid.
Any amount payable by an employer to the Welfare Commissioner, West Bengal Labour Welfare Board may be paid in cash or by bank cheque or by money order or by bank draft.