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2.2 Withholding of contributions from employees

Commentary

2.2.8 Workers' Profit Participation Fund | Pakistan

Pakistan

Where a company is engaged in an industrial undertaking and meets the following conditions, then that company, within nine months of the year end, must establish a Workers' Profit Participation Fund (WPPF), and must pay 5% of its profits into the fund.

  1. Ìý

    •ÌýÌýÌýÌý Balochistan: The Companies Profits (Workers Participation) Act 1968, s 3

  2. Ìý

    •ÌýÌýÌýÌý Sindh: The Sindh Companies Profits (Workers' Participation) Act 2015, s 3

  3. Ìý

    •ÌýÌýÌýÌý Punjab: The Companies Profits (Workers Participation) Act 1968, s 3

The conditions for the fund are as follows:

  1. Ìý

    •ÌýÌýÌýÌý the number of employees at any time

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