How WWF and WPPF amounts are calculated?
The provisions regarding calculation of Worker’s Welfare Fund are given in section 4 of Worker’s Welfar Fund Ordinance, 1971. Whereas, the provisions related to calculation of Worker’s Participation Fund are given in section 3 of Companies Profits (Workers’ Participation) Act, 1968. According to Worker’s Welfar Fund Ordinance, 1971, every industrial establishment shall contribute to Worker’s Welfare Fund […]