India: State of Karnataka Labour Welfare Fund (Amendment) Act
By King Stubb & Kasiva
January 21, 2025
Recently, the Government of Karnataka promulgated the Karnataka Labour Welfare Fund (Amendment) Act, 2024, amending the provisions of the existing Karnataka Labour Welfare Fund Act, 1965. This amendment primarily focuses on increasing the contribution rates from employees, employers, and the state government towards the Karnataka Labour Welfare Fund. Below, we’ve compiled a brief update that will guide and elucidate the impact of the amendment.
KSK-client-update.pdf