Maharashtra Labour Welfare fund - Explained (MLWF Payment due date extended due to Covid Lockdown)
Note: - MLWF payment date extended, Maharashtra Labour welfare board has extended MLWF contribution date instead of 15 th July 2020 to till 15th August 2020 due to Covid lockdown. About MLWF (in brief): Applicability - Maharashtra Labour Welfare Fund in short ' MLWF ' is applicable to all shops & establishments with more than 5 employees in a accounting year. Period of contribution: is Half yearly ending on 30th June 2020 to be paid on or before 15th day of July and 2nd half ending on 31st december to be paid by 15th January each year. The per worker tripartite contribution rate every year is: Details (Rate every six months per worker) Employee Contribution (Rupees) Employer’s contribution (Rupees) Government’s contribution (Rupees) A) Salaried workers whose salary is upto Rs 3000/- per month 6.00 18.00 12.00 B) Salaried workers whose salary in more...