section 4
Contribution to the fund.
The Kerala Abkari Workers' Welfare Fund Act, 1989Tax198933 sections
Statutory text
1[(1) The contribution which shall be paid by the employer to the fund shall be ten per cent of the wages for the time being payable to each of the abkari worker and the abkari workers’ contribution shall be eleven and half per cent of the monthly wage of the abkari worker.]
- (2) The employer shall, in addition to the contribution payable under sub-section (1), contribute to the Fund as gratuity an amount equal to 2[seven per cent] of the wages for the time being payable to each of the abkari worker: Provided that where the amount of any contribution payable under this Act involves a fraction of a rupee, the scheme may provide for the rounding off of such fraction to the nearest rupee.
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