Terms & Conditions – Company Annual Contribution Towards Labour Welfare Fund

1. Purpose
These Terms & Conditions govern the Company's annual contribution towards the Labour Welfare Fund ("LWF") in accordance with the applicable Labour Welfare Fund Act and Rules of the respective state(s) in which the Company operates.

2. Eligibility
All employees covered under the applicable Labour Welfare Fund legislation are eligible for contributions as prescribed by law. Eligibility shall be determined based on the employee's location of employment, designation, wage category, and other criteria specified under the relevant state legislation.

3. Contribution
The Company shall make its contribution towards the Labour Welfare Fund at the rates prescribed by the applicable state government. Where employee contribution is mandated by law, the prescribed amount shall be deducted from the employee's salary and remitted along with the Company's contribution. The Company reserves the right to revise the contribution amounts in accordance with amendments to applicable laws.

4. Frequency of Contribution
Contributions shall be made annually, half-yearly, or at such intervals as prescribed under the applicable Labour Welfare Fund Act and Rules. The Company shall remit contributions within the statutory timelines.

5. Compliance
The Company shall comply with all applicable Labour Welfare Fund laws, notifications, circulars, and amendments issued by the competent authorities. Employees agree to cooperate in providing any information or documentation required for statutory compliance.

6. Deductions
Employee contributions, where applicable, shall be deducted from payroll in accordance with statutory requirements. Employees acknowledge and authorize such deductions as required by applicable law.

7. No Additional Employee Entitlement
The Company's contribution to the Labour Welfare Fund does not constitute additional salary, wages, bonus, or any other direct employee benefit. Benefits under the Labour Welfare Fund, if any, shall be administered by the relevant Labour Welfare Board in accordance with applicable regulations.

8. Changes in Law
In the event of any amendment to the applicable Labour Welfare Fund legislation, contribution rates, eligibility criteria, or remittance procedures, these Terms & Conditions shall automatically be deemed modified to the extent necessary to comply with such changes.

9. Limitation of Liability
The Company shall not be liable for any benefits administered directly by the Labour Welfare Board beyond its statutory obligation to deduct and remit contributions. Any disputes relating to benefits provided under the Labour Welfare Fund shall be subject to the provisions of the applicable law.

10. Governing Law
These Terms & Conditions shall be governed by the applicable Labour Welfare Fund Act, Rules, and other labour laws in force in the relevant state(s) of India.

11. Amendments
The Company reserves the right to amend, modify, or update these Terms & Conditions at any time to ensure compliance with statutory requirements or Company policy. Employees will be notified of material changes where required.

12. Contact
For any questions regarding Labour Welfare Fund contributions, employees may contact the Human Resources or Payroll Department.