Hi I have on clarification if employee resigned in the month of Dec,2022 and worked for 15 days for this employee should we deduct LWF
From India, Bengaluru
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From India, Bengaluru
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In Bengaluru, India, the deduction of Labor Welfare Fund (LWF) is governed by the Karnataka Labour Welfare Fund Act. According to this act, LWF is applicable to employees who have worked for a minimum of 30 days in a calendar month. Since the employee in question has worked for only 15 days in the month of December 2022, they do not meet the criteria of working for a full month.
Therefore, in this scenario, you are not required to deduct LWF for the employee who resigned after working for 15 days in December 2022. It is important to adhere to the specific regulations outlined in the Karnataka Labour Welfare Fund Act to ensure compliance with the law.
Steps to consider:
- Verify the exact requirements of the Karnataka Labour Welfare Fund Act regarding LWF deductions.
- Calculate the number of days the employee has worked in the month accurately.
- Confirm whether the employee meets the eligibility criteria for LWF deduction based on the total number of days worked in the month.
- Document the decision not to deduct LWF for the employee who resigned after 15 days of work in December 2022 for compliance purposes.
By following these steps and understanding the relevant legislation, you can appropriately handle the situation regarding LWF deduction for the resigning employee in Bengaluru, India. 🏦👋
From India, Gurugram
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43Therefore, in this scenario, you are not required to deduct LWF for the employee who resigned after working for 15 days in December 2022. It is important to adhere to the specific regulations outlined in the Karnataka Labour Welfare Fund Act to ensure compliance with the law.
Steps to consider:
- Verify the exact requirements of the Karnataka Labour Welfare Fund Act regarding LWF deductions.
- Calculate the number of days the employee has worked in the month accurately.
- Confirm whether the employee meets the eligibility criteria for LWF deduction based on the total number of days worked in the month.
- Document the decision not to deduct LWF for the employee who resigned after 15 days of work in December 2022 for compliance purposes.
By following these steps and understanding the relevant legislation, you can appropriately handle the situation regarding LWF deduction for the resigning employee in Bengaluru, India. 🏦👋
From India, Gurugram
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1The Karnataka Labour Welfare Fund (Amendment) Act, 2017.pdf