Haryana extends the last date for deposit of LWF till 31-03-2020

The Government of Haryana vide a circular dated 21st January 2020 has extended the last date to deposit the Labour Welfare Fund pertaining to the year 2019, without any interest, till 31st March 2020.

As per Section 9A of Punjab Labour Welfare Fund (Haryana Amendment) Act, 2019, each employee shall contribute every month an amount equal to 0.2% of his salary or wages or any remuneration subject to a limit of Rs.25; and each employer shall contribute every month twice the amount contributed by each employee which is to be deposited with the Labour Welfare Commissioner on or before the 31st December. But, according to Section 9A (4),  if the employer fails to deposit the said amount within a period of one month i.e. 31st January; he shall be liable to pay interest at the rate of 12% per annum until the amount is actually deposited.

Thus, through this circular, the state of Haryana has extended the last date from 31st January 2020 to 31st March 2020 for deposit of the Labour Welfare Fund for the year 2019.

Be the first to comment

Leave a Reply

Your email address will not be published.