Labour Welfare Fund (LWF)
The Labour Welfare Fund (LWF) is a statutory contribution by both the employer and the employee, applicable as per state-specific rules. The system will automatically process LWF deductions during payroll.
Related Articles
Setting up LWF for your Organization
Navigate to Tax and Statutory Compliances → Statutory Components → Labour Welfare Fund LWF applicability depends on the state and will include employer contribution, employee contribution, and deduction frequency (monthly, half-yearly, or annually) ...
Provident Fund
The Provident Fund (PF) feature enables organizations to manage employee and employer contributions in compliance with statutory regulations. PF is a government-mandated retirement savings scheme in which both the employer and employee contribute a ...
Provident Fund Rules
Navigate to Tax and Statutory Compliance → Statutory Components → Provident Fund → Provident Fund Rules Provident Fund Rules are pre-defined in the application in accordance with government norms. Fig: Provident Fund Rules
Introduction to WorkWisely Global Payroll
WorkWisely is an AI-powered Human Resource Management System (HRMS) built for organisations operating across multiple geographies. At the heart of WorkWisely's HR platform is a robust payroll engine that is purpose-built to meet the unique statutory, ...
Indonesia Payroll — WorkWisely Knowledge Base
Indonesia's payroll regulatory environment encompasses social security obligations under BPJS Ketenagakerjaan (Employment Social Security) and BPJS Kesehatan (Health Social Security), income tax withholding under PPh 21, and the annual mandatory ...