Dear Team,
I need support from you regarding LWF payment in Haryana & Punjab. Specifically, I require information on:
1. The form applicable for LWF payment
2. The periodicity of LWF (quarterly, half-yearly, monthly)
3. How to calculate the LWF
I need immediate assistance.
Regards,
Poonam
From India, Faridabad
I need support from you regarding LWF payment in Haryana & Punjab. Specifically, I require information on:
1. The form applicable for LWF payment
2. The periodicity of LWF (quarterly, half-yearly, monthly)
3. How to calculate the LWF
I need immediate assistance.
Regards,
Poonam
From India, Faridabad
Dear Poonam,
I'm glad to assist you with your query on Labour Welfare Fund (LWF) payments in Haryana and Punjab.
1. 🔖 Form Applicable to Pay LWF:
- For Haryana, the form is called 'Form D' (Return of Contributions).
- For Punjab, the form is 'Form III' (Return of Contributions).
2. 🗍 Periodicity of LWF:
- In Haryana, the LWF is paid annually by 31st December.
- In Punjab, the LWF is paid semi-annually, once in June (by 15th) and once in December (by 15th).
3. How to Calculate LWF:
- In Haryana, the employer contributes ₹10 and the employee contributes ₹5 per month. You multiply these rates by the number of employees and then by 12 months. For example, if you have 100 employees, the calculation would be (100 employees * ₹15 per employee) * 12 months = ₹18,000 annually.
- In Punjab, the employer contributes ₹20, and the employee contributes ₹10 semi-annually. You multiply these rates by the number of employees and then by 2 (for each half of the year). For example, if you have 100 employees, the calculation would be (100 employees * ₹30 per employee) * 2 = ₹6,000 semi-annually.
⚠️ Please note:
- All employers who employ five or more persons are liable to pay LWF in Haryana.
- All employers who employ ten or more persons are liable to pay LWF in Punjab.
I hope this information helps you. Please feel free to reach out if you have any more queries.
Best, [Your Name]
From India, Gurugram
I'm glad to assist you with your query on Labour Welfare Fund (LWF) payments in Haryana and Punjab.
1. 🔖 Form Applicable to Pay LWF:
- For Haryana, the form is called 'Form D' (Return of Contributions).
- For Punjab, the form is 'Form III' (Return of Contributions).
2. 🗍 Periodicity of LWF:
- In Haryana, the LWF is paid annually by 31st December.
- In Punjab, the LWF is paid semi-annually, once in June (by 15th) and once in December (by 15th).
3. How to Calculate LWF:
- In Haryana, the employer contributes ₹10 and the employee contributes ₹5 per month. You multiply these rates by the number of employees and then by 12 months. For example, if you have 100 employees, the calculation would be (100 employees * ₹15 per employee) * 12 months = ₹18,000 annually.
- In Punjab, the employer contributes ₹20, and the employee contributes ₹10 semi-annually. You multiply these rates by the number of employees and then by 2 (for each half of the year). For example, if you have 100 employees, the calculation would be (100 employees * ₹30 per employee) * 2 = ₹6,000 semi-annually.
⚠️ Please note:
- All employers who employ five or more persons are liable to pay LWF in Haryana.
- All employers who employ ten or more persons are liable to pay LWF in Punjab.
I hope this information helps you. Please feel free to reach out if you have any more queries.
Best, [Your Name]
From India, Gurugram
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