The Karnataka Labour Welfare Fund Act,1965
This act provides for the constitution of a fund for financing and conducting activities to promote welfare of labour in the State of Karnataka. Under the Act, the employee, employer and the State Government have to contribute at the rate of 6:12:6 respectively per employee per annum. A separate board is constituted for this purpose under the Act with the members of employers, employees and state representatives.

FREQUENCY: yearly
DATE OF DEDUCTION: 31 December 2022
RETURNS: 15 January 2023

Employee | Employer | Total Contribution
₹ 20 | ₹ 40 | ₹ 60

RULES:
Any Establishment/Employer employing 10 or more persons
All employees who are employed for wages to do any work skilled/unskilled/manual/clerical, in an establishment.

Compliances
Form D - Statement of Employers & Employees' Contribution

Applicability
Factories, Motor Omni Bus Services, Plantations, and Workshops.
Shops and Commercial Establishments, Charitable Trusts, and Societies registered under Karnataka Societies Registration Act 1960 who employed more than fifty persons on any working day during the preceding twelve months.
Applicable only to the employees who are doing skilled or unskilled, manual or clerical work. It is not applicable to Supervisors, Managers, and other Officers.
PAYMENTS MODE : ONLINE PAYMENTS WITH LWF WEBSITE KARNATAKA

With Regards,
Karunakaran Y N
Principal Consultant

From India, Bangalore
Attached Files (Download Requires Membership)
File Type: pdf LWF Contribution calander year 2022.pdf (1.40 MB, 48 views)

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