![Gujarat-Labour-Welfare-Fund-Education-Award-Scheme-Karma-Global](https://karmamgmt.com/wp-content/uploads/2023/06/Gujarat-Labour-Welfare-Fund-Education-Award-Scheme-Karma-Global.png)
Gujarat Labour Welfare Fund – Education Award Scheme
Contents News/Article Date: 23rd May 2023
Relating to which Act: Gujarat Labour Welfare Fund Act 1953
Penalty under the Act: Any employer who fails to pay any amount of unpaid accumulations or fines realised from employees or any amount of the employer’s or, as the case may be employee’s contributions, within the period specified in a notice served on him under sub- section (1) of section 6-C, shall, on conviction, be punishable with imprisonment which may extend to six months or with fine which may extend to one thousand rupees or with both.
Applicable to which State: Gujarat State
Type: Announcement of Educational Award Scheme by Gujarat Labour Welfare Board
Pertains to: Education award Scheme for Children of labourers those who have passed 70 Percentile and above marks in the 10th and 12th Std.
Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global’s expert team is fully involved in handling of any type of compliance matters where compliance burden and complex laws falls on businesses like frequent changes and amendments, high penalties, inadequacy of knowledge and expertise with centralized compliance monitoring systems and integrated governance risk and compliance software’s.
And in this instance: Under the various welfare schemes undertaken by the Gujarat Labour Board, the Education award scheme has been implemented to encourage the students of the labours to increase their enthusiasm and to get higher education through it.
Education award Scheme for Children of labourers those who have passed 70 Percentile and above marks in the 10th and 12th Std.
Subject: Educational Award Scheme – Application will be open from 1st June of current Year and closed from 28th Feb of next year.
Appended is the complete news item