In some states like Haryana, Andhra Pradesh, Karnataka, and Tamil Nadu, the periodicity is annual, whereas, in some states like Maharashtra, Gujarat, and Madhya Pradesh, it is necessary to donate in June and De
What is the meaning of LWF? How is LWF calculated on salary? What is LWF deduction? People also look for: Contract labor act Dual labor market Labor Force Labor Market Labor Union Total Labor Cost Employee provident fund organization
The LWF deduction is Rs. 12 for employees drawing a monthly salary of Rs. 3000 and above. Employees who draw a salary of less than Rs. 3000 pay Rs. 6 per month. Such charges could be different in different states because of the respective states’ legal requirements. Need for Auditing ...