Dear User,
Understanding the Labour Welfare Fund (LWF) in Gurgaon, India is crucial for both employers and employees. Here's a simple breakdown for you:
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The Basics: LWF is a statutory contribution managed by individual state authorities in India. It's designed to provide social security to workers. The funds collected are used for benefits like housing, medical care, education, etc.
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Contribution: In Haryana, including Gurgaon, the employee's contribution is INR 5, and the employer's contribution is INR 10 per month. So, the total LWF contribution is INR 15 per month.
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Payment Period: The LWF contribution is semi-annual. For the period ending 30th June, the due date for deposit is 31st July. For the period ending 31st December, it's due by 31st January of the next year.
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Online Payment: You can make the payment online through the Haryana government's official portal. Here's a step-by-step guide:
a) Go to the Haryana Labour Welfare Board's website.
b) Register your establishment if not already done.
c) Log in to your account.
d) Navigate to the 'Payment' section.
e) Fill in the required details and make the payment.
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Record Keeping: It's important to keep a record of all paid LWF contributions. The Haryana government mandates maintaining a register of wages, fines, deductions, and damages.
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Non-Compliance: If contributions are not made, it can lead to penalties under the Punjab Labour Welfare Fund Act 1965.
Please remember, this advice is based on the laws as of December 2017. For the latest updates, always refer to the official government resources.
I hope this helps! If you have more questions, feel free to ask. 😊👍