One of India’s most popular schemes amongst employees is the Employees State Insurance (ESI) Scheme. The scheme is valid for all the employees employed in different sectors across India. The scheme is regulated and monitored by a Self-Financing Security and Labor Welfare Organization Body known as ESIC. The governing body has to act according to … Read more
Understanding the ESIC Scheme is very crucial as it provides many benefits. ESIC or ESI Registration scheme is a social security scheme. Consequently, The government of India provides the ESIC Scheme to the public, and it comes under the Ministry of Labour and Employment. It offers several benefits to its subscribers and their dependents. Around … Read more
The NSO (National Statistical Office) has recently released a report titled ‘Payroll Reporting in India: An Employment Perspective – February 2021’. It has been releasing such reports since April 2018 and covers the period starting September 2017 onwards. A part of the report informs readers that the ESIC Scheme Adds 11.58 lakh, new members, in February … Read more
As we know Employees’ State Insurance Corporation dispenses the benefits of helping social security and furnish health insurance scheme to workers. It is regulated by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. In this article we will discuss on the Fundamentals of ESIC. Main Fundamentals of ESIC … Read more