Plz be informed that according to circular dated 27.06.2023 Haryana Labour Welfare Board has increased Labour Welfare Fund Contribution limit of employees from existing Rs. 25 to Rs. 31/- per month w.e.f. 01.01.2023 & the employer will continue to contribute twice the contribution of the employee.
So Now the contribution of Employee will be Rs 31 & Employer will be Rs 62. Per Month
LWF deduction is monthly, however the due date is 31 Jan of every year. Payment can be done monthly too.
This relates to establishments functioning in the state of Haryana & are covered under Punjab Labour Welfare Fund Act, 1965 as applicable to the state of Haryana.
