Haryana – Notification amend Punjab Labour Welfare Fund Act, 1965
Haryana – Notification amend Punjab Labour Welfare Fund Act, 1965
Government of Haryana has amended the Punjab Labour Welfare Fund Act in its application to Haryana State. As per the notification from now onwards the contribution of LWF in Haryana with effect from March’ 2019 is amended as per the notification attached.
As per the notification, each employee shall contribute to the Fund every month an amount equal to 0.2% of his salary or wages subject to a limit of Rs. 25/- and each employer in respect of each such employee shall contribute to the Fund every month, twice the amount contributed by such employee. Provided that the limit specified above shall be indexed annually to the consumer price index beginning from first of January each year.
Applicability-
All employees employed, directly by or through any agency (including a contractor) with or without the knowledge of the principal employer, for remuneration in any factory or establishment to do any work connected with its affairs. Each employee shall contribute to the Fund every month an amount equal to zero point two percent of his salary or wages or any remuneration subject to a limit of rupees twenty-five and each employer in respect of each such employee shall contribute to the Fund every month, twice the amount contributed by such employee.
Particular |
LWF Employee |
LWF Employer |
Old Rate |
Rs.10/- per month |
Rs.20/- per month |
New Rate wef March 2019 |
0.2% or Maximum Rs.25/- per month |
Twice the contribution of Employee |
Author: Neha Virmani