In accordance with the recent amendment to the Maharashtra Labour Welfare Fund Act 1953 by Maharashtra Act No. 25 dated March 18, 2024, all establishments that come under its purview are hereby notified of revised contribution rates effective June 2024. This notification was published on June 5, 2024.
The half-yearly contribution rates stand as follows:
- Total: Rs.100/-
- Per employee contribution rate: Rs. 25/-
- Employer’s contribution rate per employee: Rs. 75/-
It’s imperative for all concerned entities (factories, shops, trade associations, etc.) to adhere to these revised rates for timely compliance. For further details, visit the official web portal at public.mhwb.in or contact the office at the provided contact details.