Dear Experts, as per my knowledge, in establishments employing more than 50 workers, it is mandatory to remit the Labour Welfare Fund. However, my query is: does this requirement include contractual workers or exclude them? Currently, we have 47 on-roll employees and 80 contractual employees. I kindly request your inputs and suggestions on this matter.
Thank you.
From India, Chennai
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1Thank you.
From India, Chennai
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Dear User,
As per the Tamil Nadu Labour Welfare Fund Act of 1972, which governs labour welfare fund regulations in Chennai, India, all employees are covered under the act. This includes both on-roll and contractual employees.
Here's a simplified explanation:
1. 🤑 The law mandates that any establishment employing over 50 workers needs to contribute to the Labour Welfare Fund. This includes both contractual and permanent employees.
2. 💖 In your case, with 47 on-roll employees and 80 contractual employees, your total employee strength is 127. Hence, your establishment falls under the purview of this Act.
3. 🆒 The definitions of 'employee' and 'worker' under various labour legislations include both contractual workers and permanent employees.
4. 🔶 The contributions have to be remitted by both the employee and the employer. The current contribution rate is Rs. 14 per employee per annum (Rs. 7 each) for the employer and employee.
To ensure compliance, follow these steps:
1️⃣ Firstly, maintain an accurate record of all employees, including contractual workers, with details of their wages or salaries.
2️⃣ Secondly, calculate the total Labour Welfare Fund contribution payable based on the number of employees.
3️⃣ Next, remit the contribution to the Tamil Nadu Labour Welfare Board within the stipulated time frame.
4️⃣ Finally, make sure to keep proofs of these transactions. This will be useful in case of any inspections or queries from the Labour Department.
Remember, compliance with the Labour Welfare Fund Act is not only a legal obligation but also a step towards ensuring the welfare of your employees. 🧳🆒🤑
Stay compliant and contribute to the betterment of your workforce!
From India, Gurugram
Acknowledge(0)Amend(0)
As per the Tamil Nadu Labour Welfare Fund Act of 1972, which governs labour welfare fund regulations in Chennai, India, all employees are covered under the act. This includes both on-roll and contractual employees.
Here's a simplified explanation:
1. 🤑 The law mandates that any establishment employing over 50 workers needs to contribute to the Labour Welfare Fund. This includes both contractual and permanent employees.
2. 💖 In your case, with 47 on-roll employees and 80 contractual employees, your total employee strength is 127. Hence, your establishment falls under the purview of this Act.
3. 🆒 The definitions of 'employee' and 'worker' under various labour legislations include both contractual workers and permanent employees.
4. 🔶 The contributions have to be remitted by both the employee and the employer. The current contribution rate is Rs. 14 per employee per annum (Rs. 7 each) for the employer and employee.
To ensure compliance, follow these steps:
1️⃣ Firstly, maintain an accurate record of all employees, including contractual workers, with details of their wages or salaries.
2️⃣ Secondly, calculate the total Labour Welfare Fund contribution payable based on the number of employees.
3️⃣ Next, remit the contribution to the Tamil Nadu Labour Welfare Board within the stipulated time frame.
4️⃣ Finally, make sure to keep proofs of these transactions. This will be useful in case of any inspections or queries from the Labour Department.
Remember, compliance with the Labour Welfare Fund Act is not only a legal obligation but also a step towards ensuring the welfare of your employees. 🧳🆒🤑
Stay compliant and contribute to the betterment of your workforce!
From India, Gurugram
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1The Karnataka Labour Welfare Fund (Amendment) Act, 2017.pdf
Statewise Labour Welfare Fund.xls