The Labour Welfare Fund (LWF) registration process in India ensures that employers contribute towards the welfare of their employees. The Labour Welfare Fund (LWF) is a mandatory contribution scheme that aims to ensure social security and enhance the quality of life for workers in India. It is a statutory provision enforced by the government to benefit employees. It is governed by individual state legislation and aims to support the welfare of employees through various initiatives such as healthcare, housing, education, and financial assistance. Employers and employees contribute to this fund, and the respective state governments administer it. Currently, Labour Welfare Fund is applicable in 16 states only.
The contribution rates, eligibility criteria and due dates of labour welfare fund differ from state to state, as the process is governed by specific laws in each state. Each state has its own unique set of rules and regulations based on their requirements.
At Praans Consultech, we offer professional consultancy services to simplify and streamline the Labour Welfare Fund registration process for our clients. With our expertise and knowledge of local regulations, we will provide you with comprehensive advice and support tailored to your specific business needs.
The Labour Welfare Fund (LWF) is a statutory contribution administered by individual state governments by constituting labour welfare board in India, aimed at promoting the welfare and well-being of workers. This fund is utilized for various employee benefits, such as housing, education, health, and vocational training. Contributions are made by employers, employees, and, in some cases, the state government. The applicability, rates, and payment mechanisms vary by state.
Healthcare assistance for workers and their families.
Scholarships for children of workers.
Support during maternity or in case of financial emergencies.
Offering schemes for long-term benefits.
At Praans Consultech, we make the Labour Welfare Registration process simple, fast, and hassle-free.
Whether you’re starting a small business or managing a large enterprise, we’re here to help you get compliant with Labour welfare fund regulations.
The Labour Welfare Fund registration was completed smoothly and on time. The team guided us every step of the way, making the process very efficient.
Thanks to their expert assistance, we were able to comply with all Labour Welfare Fund regulations without any hassle. Highly recommended.
Their prompt and professional service ensured our Labour Welfare Fund contribution was completed without delay. Great experience!
The team provided thorough guidance on Labour Welfare Fund compliance and ensured that all requirements were met promptly.
We received seamless support for Labour Welfare Fund compliance. The entire process was hassle-free and handled professionally.
Their reliable service ensured that we met all Labour Welfare Fund deadlines, and everything was filed on time without any issues.
Employer and Employee Contributions:
The contribution rates vary by state. Both employers and employees contribute to the fund, with the employer’s share generally being higher.
Submission Deadlines:
Contributions must be paid within the deadlines set by the respective state Labour Welfare Board. Late payments may attract penalties.
Compliance Records:
Employers must maintain proper records of their contributions and provide these during audits or inspections.
Consequences of Non-Compliance:
Penalties or fines as per the state-specific laws.
Legal action from the Labour Welfare authorities.
loss of respect and reputation in the market
With 15 years of rich experience in labour law, business registration, and startup advisory, Mr. Sandeep Kumar serves as the guiding force shaping our company’s vision and achievements. He is a proficient expert with a solid academic background. He holds an LLB and LLM, and is an alumnus of XLRI, one of India’s premier business schools. Currently, he is pursuing a Ph.D to further expand his knowledge and expertise in business and law.
Before embarking on his entrepreneurial journey, Mr. Sandeep Kumar held the prestigious role of Director at a renowned logistics company, where he led large teams and drove strategic initiatives that contributed to the company’s success. Even with a successful career and a lucrative job, he made the courageous choice to leave his corporate position and pursue his passion-creating a business dedicated to assisting entrepreneurs in navigating the complexities of labour law and business registrations.
As an advisor to startups and a legal expert, he has worked with various businesses to ensure they comply with industry regulations, streamline their registration processes, and create strong foundations for long-term success. His work blends legal expertise, strategic insight, and a passion for supporting businesses at every stage of growth.
A fund for workers’ welfare, managed by state governments.
Both employers and employees contribute.
Workers in covered industries or establishments.
Health, education, housing, and other welfare services.
Most Indian states have their own Labour Welfare Fund.
Contributions are made monthly, quarterly, or annually.
They may face penalties or fines.
By applying to the Labour Welfare Board.
No, it is for welfare purposes only.
The Labour Welfare Board of the state or a similar body.
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