Hi, All. Please let me know the MLWF Contribution rates of both employer & employee.
From India, Mumbai
Dear Anushri, If employee contribution Rs. 6 then Employer contribut Rs. 18 & If employee contribution Rs. 12 then Employer contribut Rs. 36
From India, Chakan
The Mumbai Labour Welfare Fund Act, 1953.



APPLICABILITY:

The Act is applicable to factories & establishment covered under shop & establishment act employing 5 or more employees.

CONTRIBUTION:

Contribution is to be deducted from the salary of employees Twice in a year i.e. June & December every year at following rates:

Employee's contribution Employer's contribution

Rs.6.00 each employee to be deducted once in six months drawing up to Rs.3000/- & Rs.12.00 above Rs.3000/- Rs.18.00 each employee to be paid by employer once in six months drawing up to Rs.3000/- & Rs.36.00 above Rs.3000/-

(Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.) (Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.)

(The above new rates are effective from December 2000 onwards as per circular dated 7/1/2002 issued by MLWF Dept.) Both the above contributions are to be remitted to the Welfare Commissioner, Kamgar Krida Maidan, Mumbai.

DUE DATES FOR PAYMENT:

For 30 th June ending on or before 15 th July

For 31 st December ending on or before 15 th January

OTHER PAYMENTS PAYABLE TO MLWF:

Any dues payable to any employee/s remains unpaid for more than 3 years has to be deposited to Maharashtra Labour Welfare Board with in such time as prescribed under the Act.

From India, Chakan
Dear sir/madam, I would like know that is the deduction of MLWF applicable to the company directors also?
From India, Pune
Not applicable to Directors. Below supervisor level it is applicable.
From India, Chakan
Hi please help me as to how pay MLWF arrears amount
From India, Mumbai
HI, Please enlighten if any professional Tax applicable in Chandigarh?
From India, Mumbai
Anonymous
Hii,
Please help us to understand regards MLWF. We have Staff with salary above 15K gross still we are eligible for MLWF. I raised this question because in every article we found gross salary above 3k-3.5k are not applicable for the same.
Thanks in advance and awaiting for prompt response.
Sandeep A

From India, Mumbai
Dear Sandeep,

Manager & above post MLWF is not applicable

(Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.) (Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.)

From India, Chakan
Anonymous
The Mumbai Labour Welfare Fund Act, 1953.

APPLICABILITY:

The Act is applicable to factories & establishment covered under shop & establishment act employing 5 or more employees.

CONTRIBUTION: Contribution is to be deducted from the salary of employees Twice in a year i.e. June & December every year at following rates:

Employee's contribution Employer's contribution

up to Rs. 3000/- Gross Salary - Employee Contributin Rs. 06 & Employer Rs. 18.00 each employee.
Above Rs. 3000/- Gross salary - Employee Contributin Rs. 12 & Employer Rs. 36.00 each employee.

(Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.) (Excluding manager & person working as a supervisor drawing salary above Rs.3500/-p.m.)

(The above new rates are effective from December 2000 onwards as per circular dated 7/1/2002 issued by MLWF Dept.) Both the above contributions are to be remitted to the Welfare Commissioner, Kamgar Krida Maidan, Mumbai.

DUE DATES FOR PAYMENT:

For 30 th June ending on or before 15 th July

For 31 st December ending on or before 15 th January

OTHER PAYMENTS PAYABLE TO MLWF:

Santosh G. Waghe ( Director)
Best Manpower Services Pvt Ltd
9960238888

From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.