Please can you tell me if the Maharashtra Labour welfare Act is applicable to an IT co. and what are the benefit of paying the ame
Also how is the computation of the ame done and the relevant rules.
Thanks
2 Replies
LAXMIKANT JAIPURKAR
(Practicing Company Secretary/Tax Consultant)
(403 Points)
Replied 13 July 2009
The Maharashra Labour Welfare Act is applicable to all the industries. The subscripttion to it is payable on half yearly basis. Employee's share may be deducted from their salary/wages. Employers have to contribute equally.
The benefits of the act includes the compensation on accident, etc.
New Joinee
(none)
(118 Points)
Replied 14 July 2009
Thanks. Is it possible to get a soft copy of the Maharashtra labour welfare act itself.
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