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What Is Health Insurance

WebGlobally, health expenditure has skyrocketed even higher than the medical inflation. This has made health insurance a necessity for everyone. And the Covid pandemic has …

Actived: 6 days ago

URL: https://www.tankhapay.com/blog/what-is-health-insurance/

Importance of Health Insurance for Gig workers

WebReduced Out-of-Pocket Expenses and Greater Savings. Health insurance reduces the out-of-pocket expenses for gig workers and enables them to save more, diverting their …

Category:  Health Go Health

Experience Certificate – Format & Samples (Free Download)

WebSample 2: Experience Certificate For An Accountant. [Company Letterhead] Date of Issuance: 20/10/2021. To Whom It May Concern, This is to certify that Mr. Jonathan …

Category:  Health Go Health

Leave Application – Format for School, Office & College

WebInclude your full name, ID, department/class, and contact details for easy identification. Briefly state the reason for your leave. Be honest and straightforward. Specify the …

Category:  Health Go Health

ESI Full form, History, Benefits, and Registration

WebESI Registration: Process, Benefits, Required Documents. → Next Story. EPF Contribution Rate: Calculate Contribution, Interest Rate. 13 − 7 =. ESI Full Form is Employees’ State …

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Difference between ESI and Private Health Insurance

WebESI is affordable and budget-friendly. You should share your ESI number with your new employer to continue getting coverage under the scheme. Private health insurance is …

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Payroll Process – Basics, Requirements, Compliances

WebThe four types of payrolls are: In-House Payroll: Suited for small businesses with regular work hours. Bookkeepers/CPA Managed Payroll: Involves hiring external experts when …

Category:  Health Go Health

ESIC Checklist: Learn about ESI

WebESIC Checklist. The Employees’ State Insurance (ESI) scheme is a contribution-based, comprehensive social security and health insurance program in India. It is managed by …

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ESI Calculation and Contribution Rate 2023

WebESI Contribution Rate – 2023. The government decided to slash the total ESI rate in June 2019. The current ESI Contribution Rate of contribution (as of May 2023) is as follows: …

Category:  Health Go Health

Salary Increment – Calculation, Negotiation & Examples

WebGenerally, salary increments in the public sector hover around 3 to 4%. To illustrate, if an employee with an annual salary of ₹5,00,000 receives a 3% increment, the total increase …

Category:  Health Go Health

Experience Letter – Requirement, Format & Samples (Free …

WebAn experience letter is an official record the employer provides to employees, confirming their tenure with the organisation. When an employee intends to transition to a new job, …

Category:  Health Go Health

Section 80D – Tax Deductions & Benefits

WebSection 80D of the Income Tax Act of 1961 gives taxpayers with the opportunity to avail tax deductions on health insurance premiums paid during a financial year. Under this …

Category:  Health Go Health

Statutory Compliance in HR and Payroll – A Complete Guide

WebStatutory compliance in payroll also ensures employee health, safety and well-being. It guarantees the provision of social security benefits and compensation to employees …

Category:  Health Go Health

Salary Breakup – Meaning, Format & Calculation

WebNote: Karan can decide how much she wants to invest and claim under section 80C, with the maximum deduction being Rs. 1,50,000. EPF amount also comes under section 80C. …

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What is Loss Of Pay (LOP)

WebTable of Contents. Loss of Pay (LOP), alternatively known as Leave Without Pay (LWP), arises when an employee opts for an approved leave of absence from their work duties …

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Special Allowance – Taxation & Calculation

WebThese are some other categories under special allowances: Tribal Area Allowance: Provided to residents of hilly, scheduled, and agency areas (e.g., Uttar Pradesh, Karnataka). …

Category:  Health Go Health

Maternity Leave Application: Tips and Samples

WebSample 2: Maternity Leave Application for Manager. Subject: Application for maternity leave. Dear Parth, I am writing to inform you that I will be taking my allotted 26-week-long …

Category:  Health Go Health

Income Tax Rebate Under Section 87A – How It Avail, Eligibility

WebIllustrating the impact of Section 87A Rebate for the financial year 2023-24, consider the following scenario. For an individual with a Gross Total Income of Rs. 7 lakhs under the …

Category:  Health Go Health

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