We had taken a group insurance policy from LIC in lieu of EDLI scheme and paying the premium regularly and policy is enforce, so in that case my question is :
Should we have to pay the EDLI charges in A/c no.21 (i.e.0.50%) ?
Should we have to show the EDLI wages (15000) in the ECR file ?
Because, If we are not showing EDLI wages then ECR file is not validated and if we are showing EDLI wages then automatically EDLI charges are showing. Should we have to ignore the EDLI charges ? It is editable, should we enter 0 and proceed further?
So what to do with this problem, please anyone help me out
From India, Delhi
3Should we have to pay the EDLI charges in A/c no.21 (i.e.0.50%) ?
Should we have to show the EDLI wages (15000) in the ECR file ?
Because, If we are not showing EDLI wages then ECR file is not validated and if we are showing EDLI wages then automatically EDLI charges are showing. Should we have to ignore the EDLI charges ? It is editable, should we enter 0 and proceed further?
So what to do with this problem, please anyone help me out
From India, Delhi
have you obtained Exemption from EPFO for EDLI contribution?
in such cases the employer has to submit their policy details and it must be more beneficial than the EPFO EDLI scheme to get permission .
in absence of any such permission, its violation of non payment of EDLI, irrespective of the fact that employer has taken so many policies, but if they are not as per norms fixed by EPF . employer has to pay EDLI
in such cases the employer has to submit their policy details and it must be more beneficial than the EPFO EDLI scheme to get permission .
in absence of any such permission, its violation of non payment of EDLI, irrespective of the fact that employer has taken so many policies, but if they are not as per norms fixed by EPF . employer has to pay EDLI
Thanks Mr Sharma for your kind reply, I want to clear here that it is as per the EPF norms & all other formalities are done time to time & I know that if group insurance policy is taken in lieu of EDLI then no need to pay 0.50% EDLI charges, but my question is :
(1) Should we have to show the EDLI wages in the concern column (15000) in the ECR file ?
(2) Because, If we are not showing EDLI wages then ECR file is not validated and if we are showing EDLI wages then automatically EDLI charges are showing. Should we have to ignore the EDLI charges ? It is editable, should we enter 0 and proceed further?
Waiting for the kind reply.
From India, Delhi
(1) Should we have to show the EDLI wages in the concern column (15000) in the ECR file ?
(2) Because, If we are not showing EDLI wages then ECR file is not validated and if we are showing EDLI wages then automatically EDLI charges are showing. Should we have to ignore the EDLI charges ? It is editable, should we enter 0 and proceed further?
Waiting for the kind reply.
From India, Delhi
get in touch with department, with your exemption reference and describe the situation in detail, PRO will en route the case to EDP section EDLI division
under such circumstance, they will give a written permission to upload the ECR in their format but would credit the EDLI charges to establishment back,
however it depends on the representation by the establishment as recently the EDLI limit has been raised to 6.0 lacs
under such circumstance, they will give a written permission to upload the ECR in their format but would credit the EDLI charges to establishment back,
however it depends on the representation by the establishment as recently the EDLI limit has been raised to 6.0 lacs
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Epfo-circular-2 2-mar-2017-pf-e dli-admin-charg es-reduced-waiv ed-wef-1-apr-20 17.pdf
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