Gig Worker’s Welfare Fee

(1) There shall be charged, from an aggregator or platform, a welfare fee known as the Platform Based Gig Workers Welfare Fee, which shall be not less than one percent but not more than five percent of the payout to the platform based Gig worker in each transaction as may be notified by the State Government within six months of the Act coming into force. (2) The State Government shall specify through a notification different percentage on the payout, with or without a cap on the Gig worker welfare fee on each transaction, for different categories of aggregator or platform as Specified in Schedule. (3) Such fee shall be collected by the State Government in such manner and within such time as may be prescribed. (4) The aggregator or platform shall deposit the welfare fee levied under this Act, at the end of each quarter in such manner as may be prescribed. (5) The Welfare Fee so collected will count as the total contribution payable under sub section 4 of section 114 under the Code on Social Security, 2020 (No 36 of 2020). Provided that, if there is any difference between the Welfare Fee collected and contribution payable in terms of the total amount, it may be reconciled on a yearly basis as may be prescribed. (6) If any aggregator or platform fails to pay any amount as specified under sub-section (1) shall be liable to pay simple interest on the fee due from the date on which such payment is due till such amount is actually paid at such rate (percent) as may be notified by the State Government from time to time.