UBS

EDLI Wages

What is EDLI Wages?

EDLI wages is the amount on which the employer’s share of the Employees Deposit Linked Insurance Scheme is calculated.

Calculation:

An employer makes an EDLI contribution on an employee’s basic salary of Rs. X, the quantity of basic salary i.e. Rs. X is going to be considered as EDLI wages.

Also, See: Edli Admin Charges

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