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Labour Welfare Fund Goa

Category Employee Contribution Employer Contribution Total Contribution Date Of Deduction Last Date For Submission
All Employees except those working in the managerial or supervisory capacity and drawing wages exceeding Rs.3500/‐ only per month. 60 120 180 A. 30th June B. 31st December A. 31st July B. 31st January
Frequency Half Yearly
Form Form A: Statement Regarding Employee's and Employer's Contribution
Website http://www.goaprintingpress.gov.in/uploads/Labour%20Welfare%20Fund%20Act.pdf
Exemptions Employees in the managerial capacity are exempted. Employees in the supervisory capacity and wages above Rs.3500 per month are exempted.

Interest on unpaid accumulations or fie after notice of demand

(a) For first 3 months at 2% of the said amount for each complete month or part thereof after the last date by which he should have paid it according to the notice; and

(b) For each complete month or part thereof thereafter aat 4.5% of that amount during the time he continues to make default in the payment of that amount:

Penalty for obstructing inspection or for failure to produce docummts, etc

(a) For first offence, with imprisonment for a term which may extend to 3 months, or with fine which may extend to Rs. 5000 or with both

(b) For a second or subsequent offence, with imprisonment for a term which may extend to 6 months, or with fine which may extend to Rs.1,000 or with both

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