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This query is : Resolved
diksha gupta
(Querist)
19 February 2018
i would like to ask that if employer pays amount towards provident fund then what benefit he gets. Even though a large part of his income is gone when he make payment of this fund. So why government may its compulsory for employer to pay amount towards PF when he supervise more than 20 employees?
CA AnKiT BoHrA (AB)
(Expert)
19 February 2018
Pf is not for the employer, the main aim is to provide safety for the future of employees, what if no job in future, what after retirements because he will not get pensions, so pf amount is must for future safety and security in terms of social security to every employee
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