Defence

LIVE: Donald Trump, Melania to get ceremonial welcome in Delhi; To meet PM Modi at Hyderabad House

Donald Trump India visit today in Delhi Live Updates: Along with the deal talks, there will be key events for Trump to attend at Rashtrapati Bhavan, Rajghat, Hyderabad House, ITC Maurya Hotel, and the US embassy.

Technology

Satya Nadella extols Microsoft's cloud partnership with Reliance as he shares stage with Mukesh Ambani

Microsoft Corp CEO Satya Nadella, microsoft News
Opinion

Climate data show the world could be sprinting into an inferno

climate, climate data News
Advertisement

From Sabarmati Ashram, Namaste Trump event to Taj Mahal tour: Day 1 of Trumps' India visit - IN PICS

trump india visit, donald trump india visit, donald trump india visit 2020, trump india visit 2020, PM Modi welcomes US President, Melania, Modi, Sabarmati ashram, Motera stadium, Taj Mahal, ITC Delhi News
Opinion

Fool’s gold: UP didn’t find gold; but top global miners could fix that

The local mining official who briefed the press, however, omitted to give these details, and gave the impression that 3,000 tonnes was commercially extractable. (Representative image) News
Top News

Department of Telecom to ask telcos to submit supporting papers on AGR self-assessment

Fighting pile-up: Govt to move Supreme Court for bulk disposal of tax disputes

Suffocating a big-bang reform: MPC is becoming a sideshow as RBI reverts to a version of the old

Andhra Pradesh’s law providing for quick trial and death penalty in rape cases is hardly the right solution

Cash withdrawals have gone up in last 5 years, India second only to China, says RBI report

India must create a policy framework to address all aspects of blood availability and safety

Data fundamentalism: The rise of data self-censorship thresholds in India

DHFL muddle: Dheeraj Wadhawan claims Rs 2,500 crore from troubled company

Markets

Money

View All

Mutual Funds vs Ulips: Check how the costs stack up

The monthly factsheets of the fund include this data, if you do not need to access data on a daily basis. News

Your Money: Buy insurance for financial protection, not for saving taxes

And to be precise, tax savings motives are found to be positively related to the purchase of term insurance policies. News

Your Queries: Mutual Fund units can be transferred to nominee after death of unitholder

Though the monthly option is the most common, mutual funds do offer other payment options too. News

National Pension System: What happens to your pension if no NPS annuity provider is selected?

National Pension System, NPS, New Pension Scheme, defined benefit pension, defined contribution pension, annuity service providers, annuity options, default ASP, default annuity option, PFRDA, IRDAI, life insurance company, LIC News

RBI's new moto 'cash is king, but digital is divine'

demonetisation, cash transactions, digital payments, Notes in circulation, currency in circulation, CIC, coins in circulation, digitaisation, blackmoney, Reserve Bank of India, RBI, Indian economy, GDP growth News

ESIC Special Service Fortnight 2020: From payment of cash benefits to redressal of public grievances - Check offers

Employee State Insurance Corporation Scheme: Avail the benefits of ESIC Special Service Fortnight The Employee State Insurance Corporation Scheme (ESICS) provides members financial protection in case of an unfortunate health-related eventuality. The scheme offers medical benefits, maternity benefits, unemployment allowance, disability benefits, etc. The Employees’ State Insurance Act, 1948 (ESI Act), incorporates health-related eventualities which workers are exposed to on a daily basis, including any type of sickness, maternity, temporary or permanent disability, diseases contracted from a workplace, death due to employment, or any type of injury that results in the loss of wages or earning capacity. What does the scheme offer? When a company employs has 10 or more employees, it is mandatory for that company to register with the ESIC. Under such a company, an employee earning less than Rs 21,000 per month contributes 1.75 per cent of their salary towards the ESI whereas the employer pays 4.75 per cent towards the ESI making a total of 6.5 per cent. ESIC Special Service Fortnight Avail the benefit of ESIC Special Service Fortnight from 24th February 2020 to 10th March 2020, the ESIC scheme will offer special benefits. It includes; • Health check-up camps daily, for ESI beneficiaries • Spot redressal of public grievances at ESIC offices/hospitals • Distribution of health passbooks at the venue of the camps • Mock fire drill at all ESIC hospitals on 6th March 2020 • Special camps at ESIC office/hospitals for payment of cash benefits and clearance of pending bills of IPs and channel partners of ESIC New initiatives under special service fortnight The monthly contribution has been reduced from 4.75 per cent to 3.25 per cent for employers and from 1.75 per cent to 0.75 per cent for employees. Under the scheme ‘seva setu Kendra’ will be opened for availing health care services and cash benefits. Major benefits of this scheme include - 1. Medical benefits, wherein the ESIC takes care of an individual's medical expenses by providing reasonable medical care, in case of any untimely health-related eventuality. 2. In case a temporary disablement of an employee, the scheme ensures monthly wage is paid to that employee for the period of the injury. In the case of permanent disablement, the employee will be paid for the remainder of the employee's life. 3. In terms of maternity benefits, ESIC provides the average daily wages to the employee for a period of up to 26 weeks from the time of going into labor and 6 weeks in case of a miscarriage. 4. Other benefits include sickness benefit, unemployment allowance, dependent's benefit, confinement expenses, funeral expenses, physical rehabilitation, vocational training, and skill upgradation training under Rajiv Gandhi Shramik Kalyan Yojana (RGSKY) News

Get IFSC Code for any Bank Branch in India

Editor's Picks

Express Drives

Audi
Audi
BMW
BMW
Datsun
Datsun
View All Brands
Latest Launches

Maruti Suzuki Vitara Brezza petrol launched at Rs 7.34 lakh: New features, petrol engine explained

Car News

Pininfarina Battista Anniversario debut on 3 March: Electric hypercar that does 100 km/h in under 2 seconds!

Car News

Cafe Invest

View All
Advertisement

Infrastructure

View All

Trending Now

Economy

View All

Photo Gallery

View All
Advertisement

SME

View All

Technology

View All

BrandWagon

View All

Videos

View All

India

View All

Edits & Opinion

View All

Defence

View All

Lifestyle

View All

Science

View All

Jobs

View All

Education

View All

Sports

View All

FE Hindi

View All
Switch to Hindi Edition