In schemes like the GP
fund, the employee has no option but to accept the forced deduction made by
the government. It is a well-known fact that the part contributed by the
government is raised through interest transactions. However, it should not
be the concern of the employee as to how the employer raises this amount to
meet his part of the ‘forced’ contract.
The interest accrued on the
amount is unlawful. A person should not benefit from it. He can spend it on
the poor and needy without being hopeful of a reward from the Almighty,
since this money actually is not his prerogative and in fact belongs to the
society. By spending the money on the poor and needy the money is utilized
for the society.