Workers’ Welfare Fund Ordinance, 1971
The Workers’ Welfare Fund Ordinance, 1971 was promulgated for the establishment of a Workers’ Welfare Fund (the “Fund”) for providing residential accommodation and other facilities for workers and for matters connected therewith. Every industrial establishment, the total income of which in any year of accounting is not less than five lakh of rupees, shall pay to the Fund in respect of that year, a sum equal to two per cent of its total income. An industrial establishment, inter alia, includes any concern owning or managing a factory, workshop or other establishment in which articles are produced, adapted or manufactured with the aid of electrical, mechanical, thermal, nuclear or any other form of energy transmitted mechanically and not generated by human or animal agency. In addition to the above amount, every industrial establishment shall, in addition to the amount payable by it in respect of any year of account, pay such amount as the Federal Government may determine.
