Jul 19, 2024 | Posted by Admin

Labour Welfare Fund - Maharashtra

Notification Pdf

As per the Maharashtra Labour Welfare Fund (Amendment)  Act, 2024, the LWF contribution of employee and employer rate was revised on 18th March 2024 and will be applicable from Jun-2024.

The amount of contribution payable every six months in respect of every employee and an employer for each such employee shall be at the following rates, namely:

(a) in respect of an employee, whose name appears in the register of an establishment on the 30th June and 31st December, respectively, shall be at the rate of twenty-five rupees

Provided that, the State Government shall on receipt of a proposal from the Board, by notification in the Official Gazette, increase once in every three years, the rate of employee’s contribution so, however, that, such increase shall not exceed thirty per cent. of the rate of contribution ;

(b) in respect of an employer, for each employee referred to in clause (a), thrice the amount of contribution payable by an employee"