Revision of LWF contribution rates
- November 19, 2024
- Posted by: AscentHR
- Categories: Notification, West Bengal
The Government of West Bengal, vide notification no. Labr/576641/2024/(LC-LW/MW), dated 19th November 2024, has revised the half-yearly contribution rate payable by an employer under the West Bengal Labour Welfare Fund Act, 1974. The employer’s rate of contribution has been revised from Rs.15 to Rs.30. Hence, the revised rate of half-yearly LWF contributions effective from January 2024 in West Bengal will be as below:
|
Employer contribution |
Rs.30 |
|
Employee contributions |
Rs.3 |
|
Total |
Rs.33 |
There has been no change in the employee’s rate of contribution. Contributions for every six months ending on the 30th day of June and the 31st day of December, each year, have to be paid before the 15th day of July and the 15th day of January, respectively.
Please refer below to the government notification:
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