Welfare Fund

The Government constitutes Labour Welfare Fund, as per Section 3, to which the following amounts are credited:-

  • All Unpaid accumulation due to workers.
  • All fines realized from the employees.
  • Deduction made under the provision to subsection(2) of Section 9 of the Payment of Wages Act,1936.
  • Contributions by employees and employers.
  • Any interest by way of penalty paid under Section 14.
  • Any Voluntary donations.
  • Any amount realized by the Board from other sources to augment the resources of the Board.
  • Any fund transferred under sub-section (6) of Section 17.
  • Any sum borrowed under Section 18.
  • Any unclaimed amount credited to the Government in accordance with the rules made under the Payment of Wages Act, 1936 and the Minimum Wages Act, 1948.
  • Grants or advances made by the Central or State Government or any local authority.