LWF stands for Labour Welfare Fund. It is a statutory endowment managed by individual state authorities to upgrade the working conditions of labourers. Introduced in 1948 under the Industrial Disputes Act of 1947, LWF contributions are made by employees and employers. LWF stands for Labour Welfare Fund, a government scheme to improve the living conditions of the unorganized sector workers. Learn about the meaning, contributions, benefits, compliance and registration of LWF in different states. Labour Welfare Fund (LWF) is a statutory fund set up by each state government in India to promote the well-being and improve the standards of living of a worker. LWF stands for Labour Welfare Fund, a payroll statutory component that provides social security benefits to workers in India. Learn about the meaning, contribution, payment, and compliance of LWF in different states.
