Key points of the Economic package to deal with the economic fallout (Fourth tranche) Door opened for many opportunities. A large section of the Indian population was afflicted by the coronavirus pandemic. The Indian government has taken a…
We went to the food stores as soon as the lockdown was declared to stock up on supplies for the long haul. Isn’t that so? Farmers offer us with the most essential necessities in life. Residents in rural…
The protracted shutdown, as well as the deadly coronavirus, are affecting a wide range of industries. Migrant workers and street vendors were particularly hard hit by the long-term lockdowns. The government has provided significant assistance to the urban…
The measures are intended at bolstering the economy by offering relief to various sectors of the Indian economy, allowing the country to get closer to self-sufficiency. Finance Minister Nirmala Sitharaman addressed the second press conference as part of…
There is a reduction in the contribution under the ESI Act. Currently, the government reduced the rate of contribution in June 2019, effective from 1st June 2019. The government’s contribution has been lowered from 6.5% to 4%. This…
Every employer who is covered under this Act must adhere to various compliances. The employer must ensure that the monthly contribution is deposited in order to file the ESIC’s half-yearly return and report. Documents that need to be…
ESI is a self-financing social security and healthcare benefit that is given to Indian workers. This fund is managed by the Employee State Insurance Corporation according to the rules that are listed out in the ESI Act 1948.…
ESI is a health and social security scheme that requires 3.25% of gross salary as employers’ contribution and 0.75% as employee contribution which aggregates to 4% of the monthly contribution. The benefits of the ESI scheme include Medical…
The employer who is a part of the EPF Scheme has certain tasks that he needs to fulfil. With the introduction of UAN and online portal, these tasks have become much easier. PF registration The employer has to…