The Telangana Labour Welfare Fund Act and Rules establish a fund to finance and conduct activities that promote the welfare of labour in the state. Both employees and employers contribute to these welfare schemes. A separate board — made up of representatives from employers, employees, and the state government — oversees the fund.
Ready Reckoner
Particulars
Details
Frequency
Yearly
Date of Deduction
31 December
Returns Due
31 January
Contribution Rates
Contributor
Amount
Employee
₹2
Employer
₹5
Total
₹7
Applicability
Applies to any establishment or employer employing twenty or more persons
Covers all employees drawing wages above ₹1,600 per month, except those in a managerial or supervisory capacity
