Revision of LWF Contributions in Maharashtra June 2024
Stay updated with the revised Labour Welfare Fund (LWF) contribution rates in Maharashtra. Effective from June 2024, all establishments must comply with the new online payment mandate. Learn more about the new employee and employer contribution rates.
Public Notice: Revision of LWF Contributions in Maharashtra
The Maharashtra Labour Welfare Board has announced an important update regarding the Labour Welfare Fund (LWF) contributions in the state. As per the Maharashtra Act No. 25 dated March 18, 2024, the contribution rates for both employees and employers have been revised. This change comes into effect from June 2024 and applies to all establishments covered under the Maharashtra Labour Welfare Fund Act, 1953.
Revised Contribution Rates
The new half-yearly contribution rates are as follows:
Employee Contribution Rate: ₹25 per employee
Employer Contribution Rate: ₹75 per employee
Total Contribution: ₹100 per employee
These revised rates are mandatory for all applicable establishments, which include factories, shops, trade associations, hotels, restaurants, banks, hospitals, societies, corporations, and other entities under the purview of the Act.
Mandatory Online Payment
Starting from June 2024, it is mandatory for all establishments to pay both employee and employer contributions online. Payments must be made through the official website at public.mlwb.in.
Key Points to Note
Who Needs to Comply: This change affects all establishments within the scope of the Maharashtra Labour Welfare Fund Act, 1953.
When It Takes Effect: The new rates and online payment requirement are effective from June 2024.
How to Pay: Contributions must be paid online via the official portal.
For any queries or further information, establishments are advised to visit the official website or contact the office of the Welfare Commissioner.
By keeping abreast of these changes and ensuring timely compliance, establishments can contribute effectively to the welfare of their employees and adhere to the statutory requirements.
Stay informed and make sure to update your payment systems accordingly to accommodate this new mandate.
Issued by:
Maharashtra Labour Welfare Board
Office of the Welfare Commissioner
Hatatma Babu Genu Girani Kamgar Krida Bhavan,
Senapati Bapat Marg,
Near Prabhadevi Railway Station, Mumbai - 400013
H.O. 3713/16, Gali No. 110, B-block, Sant Nagar, Burari, Delhi, 110084