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For Haryana Establishments Increase in contribution towards Labour Welfare Fund admin July 1, 2023

For Haryana Establishments Increase in contribution towards Labour Welfare Fund

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IamSMEofIndia Business Update

Increase in contribution towards Labour Welfare Fund, Haryana

w.e.f 01.01.23

Employees: 0.2% upto max. Rs.31/- per month

Employer: Double the above

Please find below the Notification No. HLWB/REV/2023/ 2733-2152 dated 27.6.2023 regarding the increase in the contribution limit w.e.f. 01.01.2023 as per the following:

“Each employee shall contribute to the Fund every month an amount equal to 0.2% of his salary or wages or any remuneration subject to a limit of rupees thirty-one 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 the first of January each year.”

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