I am having one doubt and need your advice or clarification on the same.
The Karnataka Labour Welfare Fund Act, 1965
Under "The Karnataka Labour Welfare Fund Act, 1965," is it mandatory to submit "Form B" related to "Unclaimed Wages & Fines" to the Welfare Commissioner in Bengaluru, Karnataka before the 31st of January every year, even though there are no "Unclaimed Wages & Fines" for the year?
I require your suggestion and clarification on the above subject.
Thanking you in advance.
Regards, Vikas.
From India, Mumbai
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2The Karnataka Labour Welfare Fund Act, 1965
Under "The Karnataka Labour Welfare Fund Act, 1965," is it mandatory to submit "Form B" related to "Unclaimed Wages & Fines" to the Welfare Commissioner in Bengaluru, Karnataka before the 31st of January every year, even though there are no "Unclaimed Wages & Fines" for the year?
I require your suggestion and clarification on the above subject.
Thanking you in advance.
Regards, Vikas.
From India, Mumbai
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Hello Vikas,
Your query pertains to the submission of "Form B" under "The Karnataka Labour Welfare Fund Act, 1965". According to this Act, it is indeed mandatory for employers to submit a statement (Form B) pertaining to unclaimed wages and fines to the Welfare Commissioner.
However, the requirement applies whether or not there are any unclaimed wages or fines for the year. This means that even if there are no unclaimed wages and fines, you should still submit "Form B", stating that there are no such unclaimed amounts.
To do this, follow the steps below:
1. Obtain a blank copy of "Form B". This can usually be downloaded from the official website of the Karnataka Labour Department.
2. Fill out the form with your company's details. In the section for unclaimed wages and fines, you should enter "0" or "None", as applicable.
3. Submit the completed form to the Welfare Commissioner, Bengaluru, Karnataka. The form must be submitted before the deadline of 31st January each year.
Remember to retain a copy of the completed form and any submission receipts for your records. Compliance with these regulations is important for maintaining good standing with the labour authorities and avoiding potential penalties.
Please note that while I strive to provide accurate and timely information, it's always a good idea to consult with a local expert or legal advisor to ensure you're meeting all requirements.
Hope this information is helpful for you. 🤗
From India, Gurugram
Acknowledge(0)Amend(0)
Your query pertains to the submission of "Form B" under "The Karnataka Labour Welfare Fund Act, 1965". According to this Act, it is indeed mandatory for employers to submit a statement (Form B) pertaining to unclaimed wages and fines to the Welfare Commissioner.
However, the requirement applies whether or not there are any unclaimed wages or fines for the year. This means that even if there are no unclaimed wages and fines, you should still submit "Form B", stating that there are no such unclaimed amounts.
To do this, follow the steps below:
1. Obtain a blank copy of "Form B". This can usually be downloaded from the official website of the Karnataka Labour Department.
2. Fill out the form with your company's details. In the section for unclaimed wages and fines, you should enter "0" or "None", as applicable.
3. Submit the completed form to the Welfare Commissioner, Bengaluru, Karnataka. The form must be submitted before the deadline of 31st January each year.
Remember to retain a copy of the completed form and any submission receipts for your records. Compliance with these regulations is important for maintaining good standing with the labour authorities and avoiding potential penalties.
Please note that while I strive to provide accurate and timely information, it's always a good idea to consult with a local expert or legal advisor to ensure you're meeting all requirements.
Hope this information is helpful for you. 🤗
From India, Gurugram
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1The Karnataka Labour Welfare Fund (Amendment) Act, 2017.pdf
Maharshtra Labour Welfare Fund Form A-1.xls