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Labour Welfare Fund (LWF) Registration

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Labour Welfare Fund (LWF) Registration

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Overview

In certain states, both the employer and employee are required to contribute to the Labour Welfare Fund.

The Labour Welfare Fund (LWF) is a scheme established to provide financial support and other benefits to workers in certain industries or professions.

The main objective of the LWF is to improve the living and working conditions of workers and their families.

Eligibility

Organizations or companies that are eligible to participate in the LWF scheme must meet certain criteria, such as having a minimum number of employees or operating in a specific industry.

Contributions

Organizations and companies must make contributions to the LWF, with the amount and frequency of the contributions determined by the relevant laws and regulations.

Benefits

Organizations and companies that are registered with the LWF may be eligible to receive certain benefits, such as financial support for worker welfare programs.

Record-keeping

Organizations and companies must keep accurate records of their contributions to the LWF and other relevant information.

Penalties

Organizations and companies that fail to register for the LWF or comply with their obligations under the LWF scheme may be subject to penalties, legal action, and negative publicity.

Documents Requirements

Required in Soft Copy Only

Documents of Applicant

  • PAN Card of Business and all Employees
  • Details of all employees, including name, age, gender, salary, and bank account information
  • Proof of contribution, such as a receipt or bank statement showing the payment of ESIC contributions
  • Registration Certificate under Factories Act, or Shops and Establishment Act.
  • Incorporation Documents
  • Cancelled Cheque of Applicant
  • A list of all the employees, List of directors of the company, List of the shareholders of the company. "
  • The compensation details of all the employees & a register containing the attendance of the employees.
Required in Soft Copy Only

Business Address Proof

  • Address Proof (owned) Sale Deed ( Ownership Documents), Electricity Bill / Propert Tax
  • Address Proof (Rented) Rent Agreement , Electricity bill, NOC from Owner of the premises

Frequently Asked Question

Organizations and companies that fail to comply with their obligations under the LWF scheme may be subject to penalties, legal action, and negative publicity. The specific consequences of non-compliance will depend on the laws and regulations in the jurisdiction where the organization or company is located.
In some cases, organizations and companies may be able to cancel their LWF registration, depending on the laws and regulations in the jurisdiction where the organization or company is located. It is recommended to consult the relevant government agency responsible for administering the LWF for information about cancelling LWF registration in your jurisdiction.
The frequency of contributions to the LWF will depend on the laws and regulations in the jurisdiction where the organization or company is located. In some cases, contributions may be required on a monthly, quarterly, or annual basis.
Organizations and companies that are registered with the LWF may be eligible to receive benefits such as financial support for worker welfare programs, subsidies, tax credits, and other incentives. The specific benefits available will depend on the laws and regulations in the jurisdiction where the organization or company is located.
Eligibility for LWF registration may depend on factors such as the size of the organization or company, the type of industry, and the laws and regulations in the jurisdiction where the organization or company is located. Therefore, it's highly recommended to consult our professional experts at Sure Tax Fincare, to ensure compliance with the regulations and laws.

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