EDLI - what is the procedure to get exempted from EDLI?

Dear All, If any company like to be exempt from the EDLI means don't want to contribute EDLI then what is the procedure to get exempted from EDLI?
Thanks

Hi,
You can take policy from LIC with intimation to PF office. That policy must have over & above benefits form PF EDLI policy. After exemption you need to send form 7(IF) every month alongwith the PF monthly returns to PF office.
regards,
Amit Malik

You need to take policy form LIC this policy is issued to you for one year...After that every year you supposed to renew it on annual renewal date...

[QUOTE=amitask28;1568112]You need to take policy form LIC this policy is issued to you for one year...After that every year you supposed to renew it on annual renewal date...[

Should we deposit admin charges to PF Deptt??? If yes then what will be the %? 0.01% is ok for that?

is Form 7(IF) applicable currently? How to retrieve exemption letter from PF site granted prior to creating PF online platform.

Form 7 IF is the Monthly Return to be submitted by the establishments exempted from the EDLI Scheme, 1976 in favour of Group Insurance Scheme of the LIC. To the best of knowledge it has not been dispensed with. You can request the office of RPFC to issue a duplicate/certified copy of the EDLI exemption letter.