Setting up LWF for your Organization
LABOUR WELFARE FUND
Setting up LWF for your Organization
Configure Labour Welfare Fund contributions state-wise — with contribution cycles, rates, and applicability rules.
LWF setup
👥 WHO USES THIS
â–¸Payroll admins onboarding LWF
â–¸Finance defining state cycles
â–¸HR mapping eligible locations
✨ WHAT YOU'LL ACHIEVE
â–¸Configure LWF state-wise
â–¸Set contribution cycles
â–¸Automate applicability rules
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) as per statutory requirements.
Based on the configuration, LWF deductions will be applied automatically to eligible employees during the payroll process.
Fig: Labour Welfare Fund
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