By Melissa Cyrill The government published the Central Amendment Rules, 2017 on January 20, which improve the existing maternity welfare benefits for women who have insurance. The new Rules are in addition to the ESI Central Amendment Rules, 2016 — notified on December 22, 2016 — that expanded the coverage of the ESI Act with effect from January 1, 2017. The 2017 amendment rules expand the scheme further, detailing new maternity benefits for women who have insurance. ESIC is, therefore, an autonomous statutory body, and comes under the Ministry of Labour and Employment. The Act also guarantees reasonably good medical care to workers and their immediate dependents. Under the ESI framework, the total contribution for a subscriber is 6. General benefits under the ESI The to the registered employees and their family. In the case of employment-related disablement or death, the ESI Act provides for a disablement benefit and a family pension, respectively. Outpatient medical facilities are available in 1,418 ESI dispensaries and through 1,678 private medical practitioners across the country. Inpatient medical care is available in 145 ESI hospitals and 42 hospital annexes 19,387 beds. In addition, several state government hospitals are required to reserve beds exclusively for the use of ESI beneficiaries. There are 830 ESI centers where ESI subscribers can avail of their cash benefits. Eight years ago, the ESIC introduced the Pehchan or identity smart cards under Project Panchdeep to ensure transparent administration. Why are the latest ESI Rules important? Unfortunately, women who work in the unorganized sector such as casual workers, daily wage earners, or self-employed workers still do not enjoy any social benefits such as paid maternal leave as they are not regulated under state and central labor laws. About Us is a subsidiary of. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email or visit. Stay up to date with the latest business and investment trends in Asia by featuring news, commentary and regulatory insight. An Introduction to Doing Business in India 2017 is designed to introduce the fundamentals of investing in India. As such, this comprehensive guide is ideal not only for businesses looking to enter the Indian market, but also for companies who already have a presence here and want to stay up-to-date with the most recent and relevant policy changes. In this issue of India Briefing Magazine, we look at issues related to repatriating funds from India. We highlight the unique regulations for sending funds back from India, examine the various strategies companies can make use of while repatriating, and look at remittance procedures for different types of Indian entities. Finally, we give some tips on how expats can remit their Indian money to their home countries.
