Madhya Pradesh Labour Welfare Fund Act & Rules
The Madhya Pradesh Labour Welfare Fund Act and Rules provide for the constitution of a fund for financing and conducting activities to promote the welfare of labour in the State of Madhya Pradesh. Under the Act, both the employee and the employer contribute to labour welfare schemes. A separate board, made up of members from employers, employees, and state representatives, is constituted for this purpose.
Ready Reckoner
| Frequency | Half Yearly |
| Date of Deduction | 30 June and 31 December |
| Returns | 15 July and 15 January |
| Employee | Employer | Total | |
|---|---|---|---|
| Contribution | ₹10 | ₹30 | ₹40 |
RULES:
- Any Establishment/Employer employing 1 or more persons
- All employees except those in a managerial or supervisory capacity drawing wages of more than ₹10,000 per month
Last updated on: 02 July 2021