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Maharashtra Labour Welfare Fund (Amendment) Act, 2024 Notified – GD SN Co.
Maharashtra

Maharashtra Labour Welfare Fund (Amendment) Act, 2024 has been notified by the Maharashta Government w.e.f. 18th March 2024.

The Sub-Section (2) of Section 6BB of the Maharashtra Labour Welfare Fund Act, is substituted, and the amendment brought to effect are:

(2) The amount of contribution payable every six months in respect of every employee and an employer for each such employee shall be at the following rates, namely :–

(a) in respect of an employee, whose name appears in the register of an establishment on the 30th June and 31st December,respectively, shall be at the rate of twenty-five rupees :

Provided that, the State Government shall on receipt of a proposal from the Board, by notification in the Official Gazette,increase once in every three years, the rate of employee’s contribution so, however that, such increase shall not exceed thirty percent of the rate of contribution;

(b) in respect of an employer, for each employee referred to in clause (a), thrice the amount of contribution payable by an employee.”

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