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SUBJECTS WE DEAL IN
 

Employees' Provident Fund

Employees' State Insurance

Contract Labour

Labour Welfare Fund

Shops & Establishments

Factories Act

Payment of Wages

Minimum Wages

Payment of Bonus

Payment of Gratuity

Industrial Disputes

Workmen Compensation

Apprentice

Industrial Standing Orders

Professional Tax

Maternity Benefits

Pay-roll Management

Employment Documents

 
NEWS

Maternity Leave raised to 26 weeks:

Amendment in Maternity Benefit Act has been notified to raise Maternity Leave from 12 weeks to 26 weeks w.e.f. 1st April, 2017.

EPF Wage Ceiling enhanced to Rs. 15,000:

Monthly wage ceiling for coverage under EPF enhanced from Rs. 6,500/- to Rs. 15,000/- w.e.f. 1st September, 2014.

ESI Wage Ceiling enhanced to Rs. 21,000:

Monthly wage ceiling for coverage under ESI enhanced from Rs. 15,000/- to Rs. 21,000/- w.e.f. 1st January, 2017.

EPF Admin Charges reduced and EDLI Admin Charges abolished:

EPFO reduced EPF admin charges to 0.65% from 0.85% and abolished EDLI admin charges w.e.f. 1st April, 2017.

Bonus Eligibility Ceiling enhanced to Rs. 21,000:

Wage ceiling for eligibility under Payment of Bonus Act has been enhanced from Rs. 10,000 to Rs. 21,000 per month retrospectively w.e.f. 1st April, 2014. Although, implementation from retrospective effect has been stayed by various High Courts.

Central & State Specific Labour Laws & Rules
 
Labour Welfare Fund

Term 'Labour Welfare' refers to all such services, amenities and facilities to the employees that improve their working conditions as well as standard of living. It's interpretation varies from state to state as per their socio-economic condition, degree of industrialization and level of maturity of fundamental democratic values.

With a view to extend social assistance to workers in certain sectors, the Central Government has set up five different Labour Welfare Funds under the Ministry of Labour & Employment to provide Housing, Medical Care, Educational and Recreational facilities to workers employed in Beedi Industry, certain Non-coal Mines and Cine Industry. These five Labour Welfare Funds have been set up under the following Acts:

1 Mica Mines Labour Welfare Fund Act, 1946:

Has been enacted to provide for constitution of a fund for financing the activities which promote welfare of labour employed in the Mica Mining Industry;

2 Limestone and Dolomite Mines Labour Welfare Fund Act, 1972:

Has been enacted to provide for the levy and collection of cess on limestone and dolomite for financing the activities which promote welfare of persons employed in the Limestone & Dolomite Mining Industry;

3 Iron Ore Mines, Manganese Ore Mines & Chrome Ore Mines Labour Welfare Fund Act, 1976:

Has been enacted to provide for financing the activities which promote welfare of persons employed in Iron Ore Mines, Manganese Ore Mines or Chrome Ore Mines;

4 Beedi Workers Welfare Fund Act, 1976:

Has been enacted to provide for financing the activities which promote welfare of persons engaged in the Beedi Industry; and

5 Cine Workers Welfare Fund Act, 1981:

Has been enacted to provide for financing the activities which promote welfare of the Cine-workers.

These funds are financed out of the proceeds of Cess levied under respective Acts of the Central Legislature. The above Acts mandate that the funds collected in the respective Labour Welfare Funds may be applied by the Central Government to meet the expenditure incurred in connection with providing facilities which are necessary for welfare of the workers employed in the above industries.

Apart from the Central legislations governing welfare of the workers employed in the above industries, almost all states have created Labour Welfare Fund under their specially enacted laws or under adopted law of a different state for welfare of the workers employed in other industries. These state specific Labour Welfare Funds are funded by contributions from the employers. The state specific laws dealing with Labour Welfare Fund are listed as follows:

FuturAge Andhra Pradesh Welfare Fund Act, 1987
FuturAge Karnataka Labour Welfare Fund Act, 1965
FuturAge Maharashtra Labour Welfare Fund Act, 1953
FuturAge Tamil Nadu Labour Welfare Fund Act, 1972
FuturAge U. P. Labour Welfare Fund Act, 1965
FuturAge West Bengal Labour Welfare Fund Act, 1974
FuturAge Bombay Labour Welfare Fund Act, 1953 [Applicable in Delhi & Gujarat]
FuturAge Goa, Daman & Diu Labour Welfare Fund Act, 1986
FuturAge Punjab Labour Welfare Fund Act, 1965 [Also Applicable in Haryana]
FuturAge Kerala Labour Welfare Fund Act, 1975
FuturAge Kerala Shops & Commercial Establishments Worker's Welfare Fund Act, 2006
FuturAge Madhya Pradesh Labour Welfare Fund Act, 1968
FuturAge Orissa Labour Welfare Fund Act, 1996
   

Services We Offer

We are Labour Law Consultants and at FuturAgeSM, we provide following services in compliance to various Central / state specific legislations dealing with Labour Welfare Funds:

FuturAge Providing day to day consultancy on matters pertaining to Labour Welfare Fund;
FuturAge Preparation & Submission of notice of opening of establishment with Welfare Commissioner;
FuturAge Intimating from time to time changes in details of establishment to the Welfare Commissioner;
FuturAge Depositing Contribution to Labour Welfare Funds on behalf of establishments;
FuturAge Preparation & Submission of statement of Employer's Contribution and Employees' Contribution with Welfare Commissioner;
FuturAge Preparation & Maintenance of various Registers like Register of Wages, Register of Unclaimed Wages, Register of Fines etc.;
FuturAge Preparation & Submission of periodical Returns with Welfare Commissioner;
FuturAge Preparation & Submission of extract of Registers with Welfare Commissioner;
FuturAge Replying / Satisfying Show Cause Notices issued by Inspector / Welfare Commissioner;
FuturAge Representing establishments before Inspector;
FuturAge Assistance to establishments at the time of inspection and search of any premises by the Inspector;
FuturAge Representing establishments at the time of enquiries conducted by the Inspector.
   
 
 
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