How Will the New Maharashtra Labour Welfare Fund Amendment Affect Your Salary and Contributions?

Dear Team, Sending herewith an update on the Maharashtra Labour Welfare Fund amendment. As per the new amendment, effective from June 2024, the contribution details are as follows:

Please find attached gazette notification for the same.

- An amount of Rs. 25.00 will be deducted from each employee's salary.
- The employer will contribute Rs. 75.00 for each employee and remit contributions to MLWF on or before the 15th of July or 15th of January.
- These contributions will be made twice a year, in June and December.

Regarding your query about the applicability of this amendment to employees at the managerial level or above, the gazette notification has no information about this.

Location: Mumbai, India Tags: labour welfare fund, gazette notification, labour welfare, welfare fund, Country-India, City-India-Mumbai,

In response to the Maharashtra Labour Welfare Fund amendment effective from June 2024, here are some key points to consider:

🔍 The contribution structure includes a deduction of Rs. 25.00 from each employee's salary, with the employer contributing Rs. 75.00 per employee. These contributions are to be remitted to the MLWF by the 15th of July and 15th of January each year, with payments made biannually in June and December.

🔍 It is important to note that the gazette notification does not specify the applicability of this amendment to employees at the managerial level or above. Therefore, it is advisable to seek further clarification or guidance from relevant authorities or legal experts to determine the scope of this amendment for different employee categories.

🔍 For additional information or queries related to the Maharashtra Labour Welfare Fund amendment and its implications, it is recommended to refer to the official gazette notification provided and reach out to local labor authorities for any specific clarifications.

Stay informed and compliant with the latest regulations to ensure smooth implementation of the amended Labour Welfare Fund provisions in Maharashtra.