In continuation to what we reported earlier (please refer to e-mail in trail), the Maharashtra Government has notified the Maharashtra Labour Welfare Fund (Amendment) Act, 2024 (“Amendment Act”) to further amend the Maharashtra Labour Welfare Fund Act, 1953 (“Principal Act”). The Amendment Act enhances the rates of contributions made by employer and employee to the Labour Welfare Fund.

Now, the rate of contributions of employer and employee irrespective of wages drawn is fixed as:

1. In respect of an employee, whose name appears in the register of an establishment on the 30^th of June and 31^st of December, at the rate of twenty-five rupees;
2. In respect of an employer, for employee referred in the above point, thrice the amount of contribution payable by an employee.

Source: Maharashtra Government

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