Imagine — while working in a company, you need not just a salary but also many small facilities: like medical help, educational loans, or scholarships for your children. Where does the money for all this come from? For that, there is a special fund called Labour Welfare Fund (LWF).
A Small Story: Ram and His LWF
Ram works in a private factory. Every month, a small amount is deducted from his salary — but it’s not tax, not PF — this money goes into the Labour Welfare Fund.
The company also contributes some amount for Ram. This fund provides several facilities for Ram:
- Scholarships for children’s education
- Emergency funds for hospital expenses
- Marriage assistance
- Help during accidents
- Special benefits after retirement
What is the Purpose of Labour Welfare Fund
- For the overall welfare of workers
- Health, education, recreation, housing, medical aid
- Applicable to both organized and unorganized sector workers
Who Contributes to LWF
| Contributor | Contribution |
|---|---|
| Employee | A small amount (fixed or a percentage of salary) |
| Employer | Contributes more than the employee |
| Government | In some states, government also contributes |
Maharashtra Labour Welfare Fund (MLWF) Complete Details
Each state has its own rules, contribution amounts, and eligibility criteria. Here we will understand Maharashtra Labour Welfare Fund in details.
In Maharashtra, this fund operates under the Maharashtra Labour Welfare Fund Act, 1953.
It is managed by the Maharashtra Labour Welfare Board
Who is Eligible?
- Private sector employees in Maharashtra
- Permanent, temporary, contractual workers
- Apprentices are also covered
- Government employees are not covered
Who Contributes?
| Contributor | Contribution (every 6 months) |
|---|---|
| Employee | ₹ 12 |
| Employer | ₹ 36 |
| Government (Maharashtra) | ₹ 0 |
You can check online for current Rate.
Contribution happens twice a year:
- In June (for January to June period)
- In December (for July to December period)
| Period | Payment Due Date |
|---|---|
| January to June | 30th June |
| July to December | 31st December |
Payment Mode:
- Payment is done online on the Maharashtra Labour Welfare Board portal.
- Employers are responsible for timely payments.
How to Pay LWF in Maharashtra?
- Visit the Maharashtra Labour Welfare Board website
- Register the company (if not registered earlier)
- Upload employee details
- Calculate the amount and make online payment
- Download and save the payment receipt
What Benefits are Provided by Maharashtra Labour Welfare Fund
- Education Aid: Scholarships for children
- Medical Aid: Financial help for illness, accidents, or medical emergencies
- Marriage Assistance: Support for the marriage of employees or their children
- Disability Assistance: Financial aid for accidents or permanent disabilities
- Retirement Benefit: Certain benefits after 60 years of age
- Housing Loan Assistance: Help in buying or constructing a house
- Recreation Activities: Yoga, sports events, study tours, etc.
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