The Maharashtra Labour Welfare Fund Act establishes a fund to finance activities that promote the welfare of labour across the state. It extends to the whole of Maharashtra and comes into force in each area on the date the State Government notifies in the Official Gazette. The Act constitutes the Maharashtra Labour Welfare Board to administer these contributions and welfare activities.
Ready Reckoner
Particulars
Details
Frequency
Half Yearly
Date of Deduction
30 June and 31 December
Returns Due
15 July and 15 January
Contribution Rates
Contributor
Amount
Employee
₹25
Employer
₹75
Total
₹100
Applicability
Applies to any establishment or employer employing five or more persons
Covers all employees except those in a managerial or supervisory capacity
