The Punjab Labour Welfare Fund Act, 1965, is an Act that provides for the constitution of a fund to finance activities promoting the welfare of labor in the State of Punjab, to conduct such activities, and for certain other purposes.
Any Establishment/Employer employing 20 or more persons
All employees employed for hire or reward to perform any work, skilled or unskilled, manual or clerical, in an establishment.
FREQUENCY | MONTHLY |
---|---|
DATE OF DEDUCTION | Last day of the month |
RETURNS | 15 April and 15 October |
Employee | Employer | Total | |
---|---|---|---|
Contribution | ₹ 5 | ₹ 20 | ₹ 25 |