This enactment intends for financing of welfare activities in the state of Maharashtra. Contributions are paid twice a year to the welfare fund
To every factory
To shops or commercial establishment applying 5 or more persons
Contribution is to be deducted and paid in respect of the employees who are present on the muster roll as 30th June and 31st December every year
The form A1 cum return alongwith cheque to be submitted
Unpaid wages and bonus after 3 yrs. need to be deposited with welfare fund
Payment of contributions interest and penalty
Provisions of imprisonment & fine are there in the enactment
Central & State Specific Labour Laws & Rules