Most Important things to know about Provident Fund (PF)

Provident Fund is government-managed retirement savings scheme for employees. Employee contribute a part of their salary each month towards the pension fund and an employer should make a contribution on behalf of the employees. These monthly savings get accumulated every month, and can be accessed as a lump sum amount at the time of retirement, or end of employment. Every setup with more than twenty employees has to offer PF to its employees.

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Company incorporation/registration

Introduction to Company Incorporation

Incorporation is a legal process to form a company or a corporate organization. Incorporation means the registration of the Company or Organization in Registrar of Company. Various groundwork is carried out to bring a company into existence. The process of an idea of converting into a company includes various stages. The corporation is a legal entity that separates the income and firm’s assets from its investors and owners.

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