The Government of Haryana vide notification No. 12-HLA of 2019/16/3917 has introduced bill towards the Punjab Labour Welfare Fund (Haryana Amendment) Act, 2019. As per the bill each employee shall contribute to the Fund every month an amount equal to zero point two percent (0.2%) of his salary or wages or any remuneration subject to a limit of rupees twenty-five (25/-) and each employer in respect of each such employee shall contribute to the Fund every month, twice the amount contributed by such employee.
Provided that the limit specified above shall be indexed annually to the consumer price index beginning from first of January each year. W.e f 31st March 2019.
- Haryana LWF contribution change notification
- THE PUNJAB LABOUR WELFARE FUND (HARYANA AMENDMENT) ACT, 2019
Disclaimer : This is an effort by Lexcomply.com to contribute towards improving compliance management regime. User is advised not to construe this service as legal opinion and is advisable to take a view of subject experts.