Why Is Labour Welfare Fund Registration Important for Employers and How to Stay Compliant?

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In India, employers are legally required to promote the welfare of their employees, and one of the most important STAGEs to achieve that is Labour Welfare Fund Registration. The Labour Welfare Fund (LWF) is a mandatory payment made by both an employer and an employee to fund welfare services related to services including health care, accommodation, education, and other benefits for workers. Staying on top of Labour Welfare Fund Compliance is part of compliance to avoid penalties and maintain a good employer/employee relationship.

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