The Karnataka Labour Welfare Board (Board) has in a press note dated January 15, 2021 informed that the last date for payment of the contributions under the Karnataka Labour Welfare Fund Act, 1965 has been extended till January 31, 2021.
As per the Act it is mandatory for employers to pay contributions by January 15th of every year at the following rate:
- Rs.20/- (employee’s contribution) and
- Rs.40/- (employer’s contribution)
The Board had informed that contributions must be made online for the year 2020 and also specified the mode of the online payment .
Now, in view of the technical issues faced in paying the contributions online through the software, the Board has granted an extension and the last date of making the contributions is extended till January 31, 2021.
Source: Karnataka Labour Welfare Board
