Welfare Fund Fee

Labour202640 sections8 chapters

Chapter IV FINANCIAL PROVISIONS

Statutory text

(1) The Government shall charge a fee, to be known as the Telangana Platform-Based Gig Workers Welfare Fund Fee, which shall be levied on all aggregators/platforms at such rate and in such manner as may be notified by the Government from time to time.
(2) The Government may, by notification, specify different rates of the Welfare Fund Fee for different categories of Aggregators or Platforms, having regard to the nature of services provided, as classified in Schedule I.
(3) The Welfare Fund Fee shall be collected by such authority, in such manner, and within such time as may be prescribed.
(4) The aggregator/platform shall deposit the Welfare Fund Fee levied under this Act, at the end of the month in such manner, as may be prescribed.
(5) If any aggregator / 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 actual payment at such a rate, as may be notified by the State Government, from time to time.
(6) The Welfare Fee so collected will count as the total contribution payable under sub-section
(4) of section 114 of the Code on Social Security, 2020:

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