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The Employees’ State Insurance Corporation (ESIC) raised the monthly wage limit to Rs. 21,000 from the existing Rs. 15,000, for coverage with effect from 1 January 2017. The rate of contribution was reduced from 6.5% to 4% (employer's share 3.25% and employee's share 0.75%) [12] effective from 1 July 2019.
The chairperson of the Economic Intelligence Council is the Finance Minister of India. [1] Its chief members include the Governor of the Reserve Bank of India (RBI), Chairman of the Securities and Exchange Board of India (SEBI) and the Directors of the Central Bureau of Investigation (CBI), Narcotics Control Bureau (NCB) and the Directorate of Revenue Intelligence (DRI). [1]
The East India Company (EIC) [a] was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region , initially with the East Indies (South Asia and Southeast Asia), and later with East Asia.
However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per sec.2(b) of the act. In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund).
An electronic identification ("eID") is a digital solution for proof of identity of citizens or organizations.They can be used to view to access benefits or services provided by government authorities, banks or other companies, for mobile payments, etc. Apart from online authentication and login, many electronic identity services also give users the option to sign electronic documents with a ...
The agency has a sanctioned strength of 75 staff, drawn on deputation from Central Board of Direct Taxes (CBDT), Central Board of Indirect Taxes and Customs (CBIC), Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Department of Legal Affairs and Intelligence agencies. [2]
East India Comedy, also known as EIC, was a group of 7 Indian stand-up comedians that performed comedy shows, organized comedy workshops and corporate events, and scripts movies and television shows. [ 1 ] [ 2 ] The group claimed to be India's busiest comedy company with a record 130 shows across the country in the calendar year 2013.
January 5 - Central Statistics Office estimates GDP Growth at 6.5% for the 2017–18 financial year, compared to 7.1% for the previous year. The estimates quote the effects of GST transition and agrarian distress for the slowest growth in four years and forecast growth to pick up in the next year. [12] [13] January 6 -