Employees Deposit Linked Insurance (EDLI) Scheme
The PF Department provides insurance coverage to all employees under the Employees Deposit Linked Insurance (EDLI) Scheme. In the event of the death of an employee while in service, the registered nominee will be paid a lump sum amount.
The EDLI contribution is calculated at 0.50% of PF Salary with a Cap of INR 75/-
If your Company is exempted from EDLI Scheme, then EDLI Inspection needs to be remitted at 0.005% of Restricted PF Salary with a minimum INR 1/-