The Government of Tamil Nadu issued a notification to further amend the Tamil Nadu Labour Welfare Fund Rules, 1973. The notification was issued by the Labour Welfare and Skill Development Department of the Government on 2nd December, 2022. This shall come into force on 2nd December, 2022.
The amendments enhances the rate of contributions to the labour welfare fund. According to the present amendment, every employee shall contribute Rs. 20 per year to the labour welfare fund. The government shall also contribute to the fund, Rs. 20 per year in respect of each such employee. Every employer will contribute to the fund Rs. 40 per year in respect of each employee.
