PF Registration

Provident Fund (PF) is one of the first programs of savings in India for nearly all people working in Government, Private or Public sector companies. It is performed by the Employees Provident Fund Organization (EPFO) of India. PF is the most reliable means to give social security to employees. Provident Fund is largely an employee benefits scheme prescribed by the Government which provides facilities to the employees of an organization about medical assistance, retirement, education of children, insurance support, and housing. It is designed with the intention to give financial protection and endurance to employees.

ESIC Registration

Employee State Insurance Corporation or ESIC is a self-financing social security and health insurance scheme which gives medical gain, sickness gain, maternity privilege, and several other benefits such as funeral costs, free supply of physical aids, etc. to the employees and their family. Every industry or business establishment holding 10 or more than 10 employees, irrespective of payroll, must register with ESIC. ESI offerings need to be done for all employees owning a salary of less than Rs.21,000 per month. Employees with less than Rs. 21,000 monthly salaries get health and sickness privileges within this statutory scheme. The state government also provides 1/8th share expense of the medical benefit.

Bonds

Bonds – also known as fixed income instruments – are used by governments or companies to raise money by borrowing from investors. Bonds are typically issued to raise funds for specific projects. In return, the bond issuer promises to pay back the investment, with interest, over a certain period of time.