Jul 18, 2024 1 min read

Maharashtra Labour Welfare Fund (MLWF) – announces new contribution rates- 01 June 2024

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Effective June 2024, the Maharashtra Labour Welfare Board on 18th March 2024 has announced new half yearly LWF contribution rates for both employee and employer. Please find the new contribution rates under the below table

ParticularsLWF contribution rates
Until 01-05-2024
LWF contribution rates From 01-06-2024
WageIf Wage <= 3,000
If Wage > 3,000No wage limit
Rate every 6 months per employeeAmount (in INR)Amount (in INR)Amount (in INR)
Employee’s* Contribution to be recovered from payroll6
1225
Employer’s* contribution (thrice the employees contribution)183675
Total employer and employee’s contribution to be remitted (excluding government contributions)2448100

Please contact your Mercans services delivery team for any additional information regarding the implications of the above change.

Employer of Record (EOR) India | PEO India | Payroll in India

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Maharashtra Labour Welfare Fund (MLWF) – announces new contribution rates- 01 June 2024
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