Companies covered under Shops and Establishment Act., need to comply with the statutory requirement mentioned in the Tamil Nadu Labour Welfare Fund Act. I understand that when a employee who is employed in a company which is governed under the Labour Welfare Fund Act, can claim a benefit under this act only when his salary is less than INR 15000 per month. Can any of the professional advise, whether this bench mark amount can be considered for remitting the contribution for this Fund.
Which means whether we can take into account the employees who draw less than INR 15000 per month alone for computation of this contribution. Similarly in Form A of this act, there is a column for listing the number of employees who are not covered in this act, whether we can mention the number of employees who draw above INR 15000 per month in this column. OR only the Managers / Executives / Supervisors who are exempt from this contribution need to be listed in this section. Also if someone can advise the effective date when INR 3500 was changed into INR 15000, it would be nice.
Thanks
Which means whether we can take into account the employees who draw less than INR 15000 per month alone for computation of this contribution. Similarly in Form A of this act, there is a column for listing the number of employees who are not covered in this act, whether we can mention the number of employees who draw above INR 15000 per month in this column. OR only the Managers / Executives / Supervisors who are exempt from this contribution need to be listed in this section. Also if someone can advise the effective date when INR 3500 was changed into INR 15000, it would be nice.
Thanks