Hi all, we are using LWF for Haryana State and I have the following questions:
Employee and Employer Deduction
1) How much is the employee and employer deduction?
2) What is the deduction frequency? Should we deduct monthly, half-yearly, or yearly?
Please send me any circular as well. Currently, we are deducting ₹5 from the employee and ₹10 from the employer contribution on a monthly basis. However, some consultants have suggested that the deduction should be yearly, with ₹10 per month from the employee and ₹20 per month from the employer.
Please advise.
From India, Ghaziabad
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1Employee and Employer Deduction
1) How much is the employee and employer deduction?
2) What is the deduction frequency? Should we deduct monthly, half-yearly, or yearly?
Please send me any circular as well. Currently, we are deducting ₹5 from the employee and ₹10 from the employer contribution on a monthly basis. However, some consultants have suggested that the deduction should be yearly, with ₹10 per month from the employee and ₹20 per month from the employer.
Please advise.
From India, Ghaziabad
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Hai varun Employer contribution =20 Employee contribution = 10 Period return= Monthly submission Cheque to be drawn = welfare commissioner (gov. Haryana) payable at Chandigarh
From India, Coimbatore
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From India, Coimbatore
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Hi All, We are using LWF for Haryana State and I have the following questions:
1) How much is the Employee and Employer deduction?
2) What is the deduction frequency? Should we deduct monthly, half-yearly, or yearly? Please send me any circular as well.
Currently, we are deducting ₹5 for Employee and ₹10 for Employer Contributions on a monthly frequency. However, some consultants have suggested that the deduction should be yearly, with ₹10 per month for Employee and ₹20 per month for Employer. Please advise.
Employee Share is ₹10 per month, and the Employer's share is ₹20 per month. Deductions should be made on a monthly basis, but deposits can be done annually. For example, deductions from Jan-13 to Dec-13 can be deposited in Jan 2014, and no interest will be charged on it.
Regards,
Sanjeev Kwatra
From India, Delhi
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1) How much is the Employee and Employer deduction?
2) What is the deduction frequency? Should we deduct monthly, half-yearly, or yearly? Please send me any circular as well.
Currently, we are deducting ₹5 for Employee and ₹10 for Employer Contributions on a monthly frequency. However, some consultants have suggested that the deduction should be yearly, with ₹10 per month for Employee and ₹20 per month for Employer. Please advise.
Employee Share is ₹10 per month, and the Employer's share is ₹20 per month. Deductions should be made on a monthly basis, but deposits can be done annually. For example, deductions from Jan-13 to Dec-13 can be deposited in Jan 2014, and no interest will be charged on it.
Regards,
Sanjeev Kwatra
From India, Delhi
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Rates of Minimum Wages w.e.f. 01-07-2010 in State of Haryana.pdf
Form D-LWF Haryana - Feb 10[1].doc