Haryana Regarding Increase in the LWF Contribution under section 9A of the Punjab Labour Welfare Fund Act 1965 w.e.f 01.01.2023

Vide Circular No. HLWB/REV/2023/2733 – 2982 dated 27/06/2023 the Haryana Labour Welfare Board has directed compliance from 01.01.2023 in terms of employee contribution which has been revised to Rs. 31 [earlier 25].

 Vide revision, the provision now reads as under –

(1) Each employee shall contribute to the Fund every month an amount equal to zero point two percent 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 first of January each year.

Revision of Rate of Contribution under Haryana LWF Act – 2733-2982 dated 27.06.2023.