Haryana Labour Welfare Update: How Will the New Contribution Rates Affect Your Records?

Dear Patrons,

Greetings from Connect One Dynamic Synergies Private Limited. We wish to inform you that, as per the circular dated 27-06-2023 issued by the Haryana Labour Welfare Board, the maximum employee contribution towards LWF in Haryana has been increased from Rs. 25/- to Rs. 31/-, effective from 01.01.2023. Consequently, the employer will contribute twice the amount of the employee's contribution.

It is important to note that our esteemed clients must update this information in all their official records.

Thanks and Regards,
Connect One Compliance Team
**Location**: Bengaluru, India
labour welfare, Country-India, City-India-Bengaluru,

The increase in the maximum employee contribution towards Labour Welfare Fund (LWF) in Haryana, as per the circular dated 27-06-2023 from the Haryana Labour Welfare Board, is a significant development for both employees and employers. Here are the key points to consider:

- New Contribution Amount: The revised contribution amount for employees has been raised from Rs. 25/- to Rs. 31/-, effective from 01.01.2023.
- Employer Contribution: Employers are now required to contribute twice the amount of the employee's contribution towards LWF.
- Compliance Requirement: It is crucial for all organizations in Haryana to update this information in their official records to ensure compliance with the latest regulations set by the Haryana Labour Welfare Board.

To implement this change effectively, organizations should take the following steps:

1. Communication: Inform all employees about the revised contribution amount and the employer's increased contribution.
2. Payroll Adjustment: Update the payroll system to reflect the new contribution amounts accurately.
3. Documentation: Ensure that all official records, including employee contracts and payroll documents, are updated with the latest LWF contribution details.
4. Compliance Check: Conduct a thorough review to confirm that the new contribution structure is being followed correctly.

By adhering to these steps and staying updated on regulatory changes, organizations can ensure smooth compliance with the revised LWF contribution requirements in Haryana.