1. WORKERS WELFARE FUND ORDINANCE, 1971BY SYED MUHAMMAD IJAZ, FCA, LL.B. M Yousaf Adil Saleem & Co. a member firm of Deloitte Touch Tohmatsu

2. TERMS DEFINED UNDER SECTION 2b)Employerc)Fundd)Governing bodye)Omittedf)Industrial Undertakingff) Ordinanceg)Prescribedh)Secretary ha) Taxation Officeri)Total Incomej)Worker 3. THE MAGIC TERMS in details 4. Industrial Establishment i. Any concern owning or managing a factory, workshop or other establishment inwhich articles are produced, adapted or manufactured with the aid of electrical,mechanical, thermal, nuclear or any other form of energy transmitted mechanicallyand not generated by human or animal agency; ii.Any concern working a mine or quarry or natural gas or oilfield; iii. Any concern running a public transport service iv. Any concern engaged in the carriage of men and goods by inland mechanicallypropelled vessels; Iva) Any establishment, to which the West Pakistan Shops and EstablishmentOrdinance, 1969 (W.P. Ordinance No. VIII of 1969), for the time being applies; v. Any concern engaged in the growing of tea, coffee, rubber or cinchona; and vi. Any other concern or establishment which the federal government may, bynotification in the Official Gazette, declare to be an industrial establishment for thepurposes of this ordinance,But does not include any concern or establishment which is owned by government, or by corporation established by the Government or by a Corporation the majority of the shares of which is owned by government. 5. Total Incomei.Where return of income is required to be filed under this Ordinance, the profit (before taxation or provision for taxation) as per accounts or the declared income as per the return of Income, which ever is higher; and ii. Where return of Income is not required to be filed, the profit (before taxation or provision for taxation) as per accounts or four percent of the receipt as per the statement filed under section 115 of the Ordinance, whichever is higher 6. The Charging Provisions- Section 42% of total income by every industrial establishment with totalincome greater than Rs. 500,000/-To be paid to taxation officer having jurisdiction over industrialestablishmentPayable on or before the date of filing of returns of income with proof ofpaymentTaxation officer shall determine the amount of WWF by order in writingAny amount payable or refundable due to such order is adjustableunder subsection 1Any amount determined in access of what was required to be paid as aresult of Appeal shall be refundedProvisions of the Income Tax Ordinance for mode and time of recoveryof the Income tax leviable under the Ordinance shall mutatis mutandisapply to recovery of amount due under subsection 1Appeals against the order of taxation officers can be filed before theCommissioner of appeals appointed under the Ordinance 7. Further amount -section 4AFederal Govt. by notification in official gazetteand by appointment of one or more committeeson recommendation can in addition to theamount payable under section 4 for any year ofaccount can determine such amount as may berecommended by such committeesCommittees have to examine individually thefinancial reasons and circumstances for eachindustrial undertaking Can call such information as they deem necessary If no such information is furnished by the industrial undertaking the committee can recommend of the basis of available information 8. Liability to be discharged by certain persons- Section 5Person who is liable to pay Income tax inrespect of the Income relatable to suchindustrial establishmentU/s 13 Federal Government can reduceor remit the amount due through anotification in Official Gazette 9. Other than that Purpose of the ordinance is defined u/s 6 Constitution of governing body u/s 7 Appointment of Secretary and employees of the fund u/s 8 Governing body is authorized to lay down procedures etc u/s 9 Functions of the Governing body are defined u/s 10 Books and records for the governing body are defined u/s 11 Chapter III-A (section 11A to 11F) defines the constitution of Board by the governing body and their functions etc functions and procedures of board are defined in WWF rules 1976 Chapter IV deals with delegation of powers and remission/reduction of Due Amount