Definition
These are actual welfare expenses other than for housing, medical care and health and training incurred by the employer on behalf of its employees; it includes net cost i.e. maintenance expenditures, fees, property taxes, insurance, interest, depreciation and other costs, less grants-in aid, tax rebates, subsidies, etc. received from government and other institutions in respect of establishment-owned building and equipment used for welfare of employees such as canteens, cultural, educational, recreational and related facilities and services; it includes grants to credit unions and cost of related services to employees; it excludes capital investment on building, equipment or land made during the year and labor cost of personnel employed by the establishment in the provision of welfare services.