Labor Welfare Fund Requirement for New Projects
Please suggest whether it is necessary to deposit 1% in the labor welfare fund under the Contract Labor Act if the construction cost is above Rs. 10 lakh. What is the utilization of this fund? Please also suggest the procedure.
Thank you!
Regards,
From India
Please suggest whether it is necessary to deposit 1% in the labor welfare fund under the Contract Labor Act if the construction cost is above Rs. 10 lakh. What is the utilization of this fund? Please also suggest the procedure.
Thank you!
Regards,
From India
Please clarify whether the project work will be completed in two years and if our organization will complete it in two to three phases. In that case, how much amount needs to be deposited? Will the cess be deposited based on the phase-wise cost of construction or the total cost?
Please advise.
From India
Please advise.
From India
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