As per a recent gazette notification issued by the government of Tamil Nadu, the Labour Welfare Fund (LWF) contribution has been increased as follows.
Employee Contribution: Rs 10 per annum
Employer Contribution: Rs 20 per annum
The increase in LWF contribution is effective January 2015. You can view the gazette notification here.
Please ensure that you deduct LWF from your employees’ salary as per the new rate, in both payroll and settlement processing, from January 2015 onwards.