ESI Calculation Formula, Percentage, and Contribution Rate Explained
ESI is self-contributing social security and health insurance scheme. The full form of ESI is Employee State Insurance. The scheme offers financial assistance to an employee during sickness, maternity and employment injury. Furthermore, it also covers for medical expenses of...
PM Kisan Samman Nidhi Yojana 2024: Eligibility, Status, KYC
What is PM Kisan Samman Nidhi Yojana? The PM Kisan Samman Nidhi Yojana is a Central Sector Scheme that offers income support to landholding farmers' families in India. This scheme provides farmers with additional financial assistance to help them purchase...
VPF vs NPS
A Voluntary Provident Fund (VPF) is a regular provident fund plan in which a depositor can choose how much he wants to contribute to the fund on a regular basis. VPF has a five year lock-in period. The National Pension...
Voluntary Provident Fund (VPF)
Building up your retirement fund alongside your regular income is a good idea. There are many options available that provide for different risk profiles. It includes insurance plans backed by sovereign guarantees like Provident Fund (PF). In India, there are...
Unnat Bharat Abhiyan in India
Growing urbanisation is neither desired nor sustainable. So far, our professional higher education institutions have mostly served the mainstream industrial sector. Furthermore, with a few exceptions, it has made little direct contribution to the growth of the rural sector. Unnat...
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Ujala Scheme
Domestic users account for over a quarter of India's total electricity usage. According to a study conducted by the Ministry of Environment and Forest in 2011, lights accounted for almost 30% of total household energy consumption. Incandescent Light (ICL) bulbs,...
Tax Free Bonds- Meaning, Features, Invest and Redeem
Tax free bonds are usually issued by companies owned by the Government of India. The interest earned on them is completely tax free in the hands of the investor. They are suitable for long term investments. However, they are liquid...
Svamitva Scheme
What is Svamitva Scheme? On April 24, 2020, the Svamitva Scheme was established with the goal of providing an integrated property certification solution for rural India. With the help of Drones, every property is mapped in every community across the...
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