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Haryana Labour Welfare Contribution Rate change
#1
Dear All,

Haryana Govt. has issued a notification regarding the change in the contribution Rate of LWF in state. This amendment has been made in the Punjab Labour Welfare Fund Act, 1965, in its application to the State of Haryana.

Now This act will be Known as :

THE PUNJAB LABOUR WELFARE FUND (HARYANA AMENDMENT) ACT, 2019

For sub-section (1) of section 9A of the Punjab Labour Welfare Fund Act, 1965, the
following sub-section shall be substituted, namely:-
‘(1) 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:
Provided that the limit specified above shall be indexed annually to the consumer
price index beginning from first of January each year.

Refer the attcahed official Gazette Notification for more clarity.


Attached Files
.pdf   Haryana Labour Welfare Contribution Rate change Notification.pdf (Size: 282.19 KB / Downloads: 0)
 
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