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Bajaj Finserv Enters Partnership with Motherhood Hospitals to Provide Life Care Finance Facility to Patients

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Bajaj Finserv, the branch of Bajaj Finance Ltd, has declared to enter a partnership with motherhood hospitals, a network of women & child hospital. The decision is taken to provide Life Care Finance (LCF) facilities to the patients of all motherhood hospitals. Through this facility, all the medical bills of patients will be converted into an interest-free EMI loan.

A total of 12 hospitals under the name, Motherhood Hospitals are located in seven different cities of India. The EMI financing facility will be provided to patients by motherhood hospitals for various health subjects. It would cover pregnancy care, fertility care, gynecology, neonatology, pediatrics, fetal medicine, cosmetology, radiology, and advanced laparoscopy surgery.

Anup Saha, President-Consumer Finance, Bajaj Finserv, said that they have entered partnerships with many clinics and hospitals in order to ensure a seamless payment option to their customers. The motive of their every partnership is to ensure hassle-free financing to its customers. Also, the interest free EMI-based payments will not become a burden on the customers.

Vijayrathna V, CEO of Motherhood Hospitals, said that it is a moment of immense pleasure for them to tie a bond with Bajaj Finserv. He said this partnership with Bajaj Finserv will benefit the customers by giving them EMI facility to access unplanned healthcare services in emergency situations. It will make it possible for every patient to afford healthcare services at ease. Patients at Motherhood hospitals will be able to utilize the Bajaj Finserv EMI option to pay for their medical bills.

Over the last few years, there is a huge surge in instant loan services in the market. Slick Cash Loan is one such name which has become popular for offering installment loans to needy people. Currently, Bajaj Finserv LifeCare Finance facility is available in more than 2700 clinics and hospitals in the country and it covers 174 treatments. With the availability of this facility for motherhood hospital patients, it will be possible for them to get instant loans in the range of Rs. 7000 to 4.5 Lakhs which could easily be paid with Bajaj Finserv EMI option facility.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

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Photo courtesy of: Folks

Byline: Shem Albert

Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.

Provincial Rules Add Complexity

Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.

Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.

Unified Records Improve Accuracy

Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.

Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.

Automation Keeps Provinces in Step

Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.

Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.

Reporting Strengthens Compliance

Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.

Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.

Scalable Payroll for Expanding Businesses

Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.

Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.

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