Can the contribution of EDLI i.e. 0.5% be deposited in private or government bank ?
From India, Kanpur
6From India, Kanpur
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
@Aditya EDLI contribution is auto calculated by portal on uploading of ECR, and that challan generated through that ECR is payable at all scheduled banks listed on portal
No, EDLI is employees deposit linked insurance, which means it has linke with the contribution paid in epf by the employer, this can not be paid separately.Also it is auto calculated amount.
Edli also provides far more better benefits.pls refer to the edli guide lines on epf portal.
From India, Vadodara
Edli also provides far more better benefits.pls refer to the edli guide lines on epf portal.
From India, Vadodara
@bijay_majumdar Sir I have been paying the EDLI in SBI as they were provided this facility since 2012 in a
Approval of Group Term Insurance Plan "Sampoorn Suraksha" issued by
MIs 581 Life Insurance Company Limited for issuance in lieu of the
Employees' Deposit-Linked Insurance Scheme, 1976.
I have that letter as well that SBI can deposit EDLI and we can pay all amount there and make it 0 on EPFO challan.
From India, Kanpur
Approval of Group Term Insurance Plan "Sampoorn Suraksha" issued by
MIs 581 Life Insurance Company Limited for issuance in lieu of the
Employees' Deposit-Linked Insurance Scheme, 1976.
I have that letter as well that SBI can deposit EDLI and we can pay all amount there and make it 0 on EPFO challan.
From India, Kanpur
ESI contribution rates lowering.pdf
SC Judgment-No obligation to excess contribution than Statutory Limit.docx