Government Reduces the Rate of ESI Contribution from 6.5% to 4%
Highlight: The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019. Detailed Read: The Government of India has taken a historic decision to […]
New regulation – 96C to ESI Regulations Inserted
Headlines: New Regulation 96C inserted to the Employees’ State Insurance General Regulations, 1950 empowering ESIC or the State Government to refer Insured person or their Family member for Super Speciality medical Treatment at Tie-Up Hospitals, and the expenditure for the same will be borne by ESIC, if prescribed conditions are complied. Detailed Read: The Employees’ […]
Introduction of E-Nomination for Members of Employees’ Provident Fund
Highlights: EPFO has introduced new facility to file nomination forms by members online through the Unified portal, to make it compatible with online claim to be submitted by the members. The process of entering the family details of the members as nominees and the e-filing of the nomination has been provided. Detailed Read: The Ministry […]
