Business Icon

Maharashtra Labour Welfare Fund- An Important Compliance – Hemant Deshpande

Maharashtra Labour Welfare Act, 1953 is an act to provide for the constitution of a Fund, for the financing of activities to promote the welfare of labour in the state of Maharashtra for conducting such activities and for certain other purposes.

Objective: Providing welfare services for workers or worker families.

  • Better sports and sports facilities
  • Advance and well managed Library and Reading Rooms
  • Modern educational facilities
  • Organizing cultural and social events
  • Employment and self-employment related programs
  • Health Related Programs
  • Other related services

Various Programs are conducted such as:-

  1. Employment Oriented Training
  2. Cultural Program
  3. Literature Thematic Program
  4. Academic Planning
  5. Health Care Plan
  6. Sports Competition
  7. Board Awards
  8. Board Welfare Activities

Welfare Centre- Kamgar Kalyan Kendra’s are made by the state government at various cities in Maharashtra like, Mumbai, Pune, Nagpur etc. The money so taken as a contribution from the organization, is used for the welfare of weaker section (workmen)

Salient Features:-

  • Applicable in Maharashtra-For other states may have different norms
  • Applicable to all companies having more than 5 employees
  • Contribution to be applicable is as mentioned below:-
Sr.DescriptionAmount
1Employees’ ShareRs.12=00
2Employer’s ShareRs.36=00
Total PayableFor Every 6 month’sRs.48=00
  • Half Yearly Return is mandatorily submitted in the A1 Form with the contribution by way of online payment
  • To be submitted after every six months- I.e. at the end of June and December
  • Manager and above level employee is not to be covered.
  • If the half yearly return is not done on time then Government may recover the interest/penalty from the employer.

Hemant Deshpande

Hemant A. Deshpande
(Consultant and Founder)
Bramha Consultancy Services
Mobile:9960458989, Email: info@bramha.in

Author of-
1. Handbook of 21 Major Laws for Businessmen,
2. A TO Z IT- Guide of Benefits and Compliance for IT & ITES Companies in India
Ranked As TOP LABOUR LAW CONSULTANT of India-2019 & 2020 by Consultants Review Magazine
Member- MCCIA, MCED, BNI VICTORS, PUNE CONSULTANTS, HR HOPES, SCGT, LLMCA, PUNE
President- LLMCA, PUNE- LABOUR LAWS AND MANAGEMENT CONSULTANTS ASSOCIATION, PUNE

Add comment