edli scheme

Standard Chartered launches €1 billion Social Bond to support sustainable development in emerging markets, like India

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Standard Chartered launches €1 billion Social Bond to support sustainable development in emerging markets, like India

Standard Chartered has unveiled its inaugural social bond valued at €1 billion (US$1.086 billion), marking a strategic initiative to promote sustainable development in low-income countries within its emerging markets footprint. This bond issuance is primarily targeted at fostering growth in small and medium-sized enterprises (SMEs), while also enhancing access to essential services such as healthcare … Read more

New EPFO rules: EPFO tweaks rules under EDLI scheme for death benefits

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New EPFO rules: EPFO tweaks rules under EDLI scheme for death benefits

The Employees’ Provident Fund Organisation (EPFO) has announced new amendments for the Employees’ Deposit Linked Insurance (EDLI) scheme, aimed at strengthening financial protection for families of deceased EPF members. These changes, announced in a meeting on February 28, 2025, are expected to benefit thousands of families annually by enhancing insurance payouts and extending coverage. EPFO … Read more

EPF interest will be paid till the settlement date. Here’s what it means

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EPF interest will be paid till the settlement date. Here’s what it means

EPF interest new rules: The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has approved a revision to the rules governing interest payments within the EPF scheme. The board unanimously resolved to modify the interest payment date to align it with the date of settlement. This decision was reached during the 236th … Read more

Here’s all you want to know about EDLI scheme under EPF

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Here’s all you want to know about EDLI scheme under EPF

The Employees’ Deposit Linked Insurance Scheme 1976 (EDLI Scheme) is an insurance scheme which provides life insurance benefits to all employees who are members of the government-backed  Employees’ Provident Funds (EPF) Scheme, 1952. The EDLI Scheme is supported by a nominal contribution at 0.5% of monthly wages, upto the maximum wage limit of Rs 15,000 … Read more