Dear Members, Please tell me what is benefit of EDLI in PF.How and who get benefit from this scheme?who give benefit from this pf deptt. or any insurance co. Please tell me in details. regards Lokesh
PF qualifying salary as per the prevailing provisions of the PF schemes is the basic salary and the dearness allowances including cash value of food grains supplied to the employee and retaining allowance if any paid or payable. Retaining allowance is nothing but a form of wages which is paid during a period in which there is no production or work but the employees are paid an amount so as to retain them on rolls.
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