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      Employees’ State Insurance Act (ESI)

      Wednesday, July 12th, 2017 Amritesh one response

      Employees’ State Insurance (ESI) Act was introduced with the objective of providing the workers, employees with proper medical care and benefits. The Act has been amended from time to time to extend benefits to more and more employees/workers so as to provide them with a medical cover. ESI was enacted as a part of Social Security and Welfare measure which would provide protection to the working population especially the lower income group in the society. In this post I would cover the Salient Provisions of the Scheme. The Benefits under the Scheme will be covered in another article. More on the ESI Act and EPF. Links provided below:- Salient Features And Benefits Under Employees State Insurance Act (ESI) Employees' Provident…

      Online Withdrawal of Employees’ Provident Fund (EPF) and Employees’ Pension Scheme (EPS)

      Monday, June 5th, 2017 Amritesh no responses

      Employees’ Provident Fund (EPF) and Employees Pension Fund (EPS) withdrawal is a real pain for most of the subscribers. But now online fund withdrawal will be possible. Currently, Subscribers need to wait anywhere between 25 to 35 days for the settlement of their claim. EPFO has issued a notification regarding the same. The online settlement of claim will be made be possible through EPF unified portal which was recently launched by EPFO. Even Claim Transfer while switching jobs is also possible through the Subscriber portal. *The facility for online withdrawal has been launched but it seems that it may need some more time for configuration before becoming functional. The EPFO has also shortened the timeline for settlement of claims from…

      Amendments to Employees State Insurance Corporation (ESIC), 2016

      Friday, December 30th, 2016 Amritesh no responses

        Employees State Insurance Corporation (ESI) has witnessed quite a few amendments in the last few months which are aimed at improving the healthcare benefits extended to the employees covered under the Act. The latest amendments to ESI are aimed at bringing more individuals under the scheme which would also include their dependents under the fold. The social security schemes are aimed at improving the standard of living and provide better healthcare facility to the Individuals. Amendment also tries to expand the coverage in terms of reach so that more and more Individuals across the nation are included under the scheme.   Employee State Insurance (ESI) Salient Features And Benefits Under Employees State Insurance Act (ESI) Wage Ceiling Hiked The…

      Employees’ State Insurance Act (ESI): Benefits and Features

      Friday, May 1st, 2015 Amritesh 2 responses

      Employees' State Insurance Act (ESI) is social security and welfare scheme aimed at providing medical care and other related benefits to the workers/employees working in various factories and establishments. ESI acts as a Medical Insurance cover to employees/workers and his immediate family members. Huge Infrastructure has been built up for the same purpose. ESI Hospitals, Dispensaries, Specialist Centers and Clinics are setup throughout the country to provide medical care to the members covered under the ESI Act. Apart, from their own setup ESI Authorities have also entered into arrangements with other Institutions to provide the best medical care. In my previous post I have covered the Salient Provision of the Act. In this post I will discuss the features and…