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A nidhi company is a type of company in the Indian non-banking finance sector, recognized under section 406 of the Companies Act, 2013. [1] Their core business is borrowing and lending money between their members. [2] They are also known as Permanent Fund, Benefit Funds, Quasi Bank, Mutual Benefit Funds and Mutual Benefit Company.
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
The Prime Minister Kisan Samman Nidhi Scheme or PM Kisan is a type of basic income scheme under which all farmers (subject to some exclusion criteria) are provided an annual income of Rs. 6000 in three installments of Rs. 2000 each, directly into their bank account. Initially, farmers with less than 2 hectares of land were eligible for the ...
There are several solutions to fix the shortfall, including ratcheting up payroll taxes that fund the program, currently 12.4% split evenly by employees and employers.
Paychex, Inc., headquartered in Rochester, New York, is a provider of human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. [1] The company has more than 100 offices serving approximately 740,000 payroll clients in the U.S. and Europe. [1] Paychex is ranked 681st on the Fortune 500 list of ...
The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...
A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...
Nidhi Mittal [1] Children. 1. Peyush Bansal (born 26 April 1985) is an Indian entrepreneur, business executive and an angel investor. [2] He is the co-founder and CEO of Lenskart, an Indian multinational optical prescription eyewear retail chain, based in Gurugram. He is also a shark at the show Shark Tank India.
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