Provident Fund (PF)

Provident fund is a social security system that was introduced for the purpose of encouraging savings among employees, so as to benefit them during the course of their retirement.

Contributions are made by the employer and the employee on a monthly basis. PF contributions can only be withdrawn by the employee at the time of his/her retirement, barring a few exceptions.

All employers having PF registration are responsible to file returns on a monthly basis. The filing of returns must be completed by the 15th of each month. We provide you payroll solution for this.

Talk to an Auditwala Business Expert to outsource your Payroll compliance to Auditwala.