Benefits under ESI Scheme for Eligible Members

Thursday, July 4th, 2019 Amritesh 3 responses

Employees’ State Insurance Scheme (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 is a Medical insurance for eligible Individuals and his/her immediate family members covered under the scheme. . Benefits under ESI Scheme are not only extended to the Insured person but also their dependents. 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. ESI Scheme…

Employees’ State Insurance (ESI) Scheme

Wednesday, June 19th, 2019 Amritesh 2 responses

Employees’ State Insurance (ESI) Scheme 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 is 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. The ESI Corporation (ESIC) manages the Fund as per the regulations & provisions of the ESI Act, 1948. ESIC is autonomous body formed under Ministry of Labour & Employment, Government of India. Employees covered under the ESI Scheme are entitled to Medical benefit for self…

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

Monday, June 5th, 2017 Amritesh 10 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 is possible. Online withdrawal of EPF and EPS Fund helps Individual to settle claims without having to wait for the respective Employer to initiate the process. The online settlement of claim is made possible through EPF unified portal which was recently launched by EPFO. Even Claim Transfer while switching jobs is also possible through the Subscriber portal. This has made online withdrawal of EPF and EPS Fund easy and simple. *The facility for online withdrawal has been launched and it is completely functional. The EPFO has also shortened the timeline for settlement of claims from 20 days to…

Amendments to Employees State Insurance Corporation (ESIC), 2016

Friday, December 30th, 2016 Amritesh 2 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…