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EDLI INSURANCE LIMIT
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linke...- EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the governmentIn a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees ...
- Did you change your EPF nomination after marriage? Time to act is now, as it becomes invalid if you don’tDid you realize that getting married may nullify your EPF nomination? This frequent oversight can lead to significant issues for your famil...
- SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
- ET Business Growth Summit-Ahmedabad highlights tech and innovation as next growth driversThe ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region.
- EPF vs stock market: EPFO reveals 6 reasons why EPF offers greater retirement securityThe Employees Provident Fund (EPF) presents a government-backed savings scheme, ensuring consistent interest rates with mandatory contribut...
- From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosi...
- Higher EPS pension: Will existing pensioners get a higher pension due to the increase in the minimum EPF wage ceiling from ₹15k to ₹25k?A potential EPF wage ceiling increase to ₹25,000 is generating significant employee interest. Read on to know if existing pensioners will r...
- 'ED crossing all limits': Supreme Court over summons issued to lawyersThe Supreme Court expressed shock over the Enforcement Directorate (ED) summoning senior lawyers for legal opinions given to clients, empha...
- UP: Insurance fraud amount in Sambhal crosses Rs 100 crore; ED seeks documents from policeA massive insurance scam, exceeding Rs 100 crore, has been uncovered in Uttar Pradesh's Sambhal district, involving fraudulent policies, fa...
- Assets worth Rs 100 crore restituted in bank 'fraud' case against media company: EDThe Enforcement Directorate (ED) has returned assets worth Rs 100 crore to banks defrauded by Delhi-based Pixion Media Limited and its prom...
- Religare confirms ED raids on its senior officialsReligare Enterprises Limited confirmed that the Enforcement Directorate raided the residences of top officials including Dr. Rashmi Saluja,...
- J-K insurance 'scam': ED attaches assets of Reliance General insurance, Trinity Reinsurance brokersThe probe relates to "fraudulent" awarding of tender of mediclaim insurance policy for J&K government employees, PSU employees, pensioners ...
- EDLI: How to make insurance claim under Employees’ Deposit Linked Insurance Scheme, documents neededEDLI works in tandem with the EPF and the Employees' Pension Scheme (EPS). If an accident occurs during the individual's active service tim...
- EPFO issues clarification on EDLI insurance claimsEDLI payments are being paid as a result of such Non-Contributory Period of Service (NCP) days.The EPFO has offered clarity on EDLI insuran...
- ED imposes ₹80 crore penalty on Magma HDI, 2 former promotersThe Enforcement Directorate (ED) has penalised Magma HDI General Insurance Company and two of its former promoters ₹80 crore for breaching ...
- Govt hikes minimum life insurance for EPF-covered employees from Feb 15, 2018Under the EDLI scheme, 1976, the assurance benefit to an eligible employee will now stand at a minimum of Rs 2.5 lakh and will be capped at...
- Nippon Life Insurance raises stake in Reliance Life to 49%Japan's Nippon Life Insurance today increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per c...
- EPFO hikes insurance cover up to Rs 6 lakh from current limit of Rs 3.6 lakhThe labour ministry has agreed to significantly enhance insurance benefits under the EDLI Scheme of the retirement fund body EPFO.
- CVC seeks power to initiate action against banks' CMDs, EDsIt has also sought powers to initiate penal action against them, if they are found guilty of corruption, even after their retirement, they ...
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