Labour Welfare Fund
Act | Rule | Applicability | Frequency | Form | Website |
---|---|---|---|---|---|
The Punjab Labour Welfare Fund Act,1965 | The Punjab Labour Welfare Fund Rules 1966 | Any Employer/Establishment employing twenty or more employees/persons | Monthly | http://pblabour.gov.in/ |
Labour Welfare Fund Contribution | ||||||
---|---|---|---|---|---|---|
Category | Employee Contribution | Employer Contribution | Total Contribution | Date Of Deduction | Deduction Last Date For Submission | Remarks |
Any person who is employed for hire or reward to do any work, skilled or unskilled, manual or clerical, in an establishment |
5.00 | 20.00 | 25.00 | Last Day Of Month |
15th April 15th October |
- |
Note: An employee shall mean an employee whose name finds mention in the register on the last wording day of the month. As per Section 9A (3) the employer shall be entitled to recover from the employee, the employee contribution by deduction from his/her wages and not otherwise. Section 9A (2) requires that every employer shall pay to the funds both his contribution and contribution of the employee before the 15th October, for the period commencing from 1st April to the 30th September, and before the 15th April , for the period commencing from the 1st October to the 31st March every year by crossed cheque or demand draft to the Welfare Commissioner |