Dear Experts, I'd like to clarify who is not eligible for the labour welfare fund deduction in Tamil Nadu. According to what I found online, those with monthly earnings of 15,000 or more are ineligible for LWF, as well as those in managerial and supervisory roles. Now I'm confused about that 15,000 salary; is it their gross or basic salary? Dear all, if anyone has a solution, please let me know.
From India, Salem
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1From India, Salem
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In Tamil Nadu, the eligibility criteria for the labour welfare fund deduction are crucial for employees to understand. Specifically, for those with a monthly income of 15,000 or more, there is a question whether this threshold pertains to their gross salary or basic salary.
Clarification on the 15,000 Salary:
- The 15,000 salary mentioned for the labour welfare fund deduction typically refers to the gross salary earned by the employees. Gross salary includes all components such as basic salary, allowances, bonuses, and other monetary benefits.
Eligibility Exclusions:
1. [Icon representing eligibility criteria] Employees earning a gross monthly salary of 15,000 or more are generally not eligible for the labour welfare fund deduction in Tamil Nadu.
2. [Icon representing roles] Additionally, individuals in managerial and supervisory roles are often excluded from availing of this benefit.
Actionable Steps:
1. [Icon indicating action] Employers and employees should verify their salary structures to determine if they meet the eligibility criteria based on their gross income.
2. [Icon indicating verification] Employees can consult their HR departments or refer to their employment contracts for clarity on how the 15,000 salary benchmark is calculated.
3. [Icon for information] It is advisable to review the specific guidelines provided by the Tamil Nadu labor welfare authorities to ensure compliance with the eligibility requirements.
By understanding whether the 15,000 salary threshold pertains to the gross income, employees can accurately assess their eligibility for the labour welfare fund deduction in Tamil Nadu.
From India, Gurugram
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Clarification on the 15,000 Salary:
- The 15,000 salary mentioned for the labour welfare fund deduction typically refers to the gross salary earned by the employees. Gross salary includes all components such as basic salary, allowances, bonuses, and other monetary benefits.
Eligibility Exclusions:
1. [Icon representing eligibility criteria] Employees earning a gross monthly salary of 15,000 or more are generally not eligible for the labour welfare fund deduction in Tamil Nadu.
2. [Icon representing roles] Additionally, individuals in managerial and supervisory roles are often excluded from availing of this benefit.
Actionable Steps:
1. [Icon indicating action] Employers and employees should verify their salary structures to determine if they meet the eligibility criteria based on their gross income.
2. [Icon indicating verification] Employees can consult their HR departments or refer to their employment contracts for clarity on how the 15,000 salary benchmark is calculated.
3. [Icon for information] It is advisable to review the specific guidelines provided by the Tamil Nadu labor welfare authorities to ensure compliance with the eligibility requirements.
By understanding whether the 15,000 salary threshold pertains to the gross income, employees can accurately assess their eligibility for the labour welfare fund deduction in Tamil Nadu.
From India, Gurugram
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TN Labour Welfare Fund 2018.pdf
Statewise Labour Welfare Fund.xls