- Implementing Payroll for India
- Set Up Tax Reporting Unit for Labour Welfare Fund
Set Up Tax Reporting Unit for Labour Welfare Fund
Use the Manage Legal Reporting Unit HCM Information task to set up the tax reporting unit (TRU) for the Labour Welfare Fund (LWF).
Navigation: Manage Implementation Project List > Manage Legal Reporting Unit HCM Information
- Set the scope for this task by selecting the parent Legal Entity and then the Legal Reporting Unit, as described in previous tasks.
- On the Manage Legal Reporting Unit HCM Information page, select the Labour Welfare fund TRU and click Apply and Go To Task.
- On the Tax Reporting Unit Details page, select Correct option in Edit.
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For TRU of type Labour Welfare fund, click Labour Welfare Fund
and enter the required information:
Field Description Registration Number Enter your organization Labour Welfare Fund Registration Number. State or Union Territory Select the State or Union Territory.
The employee and employer contribution amount to LWF varies based on your selection of the state or union territory from the list.
- In the Labour Welfare Fund Representative Details section, select the Employer Representative who's at supervisor level, from the list.
- Save the LWF TRU information.