Greetings!
We at Singhania and Partners are committed to keeping our readers informed about the latest legal developments across India. In this month's edition, we bring you the latest updates on employment laws in India.
Our Employment Law Alert is your one-stop destination for monthly updates on employment laws across the country. It includes recent circulars issued by Central and State Governments regarding employment law and significant decisions made by the Supreme Court and High Court.
We hope you find this edition informative and valuable. Happy reading!
REGULATORY UPDATE
1. Clarification regarding the minimum due benefit to be paid from the employees' deposit linked insurance scheme fund to the eligible family members
The Ministry of Labour and Employment, vide its notification dated January 2, 2023, has issued directions regarding the minimum due benefit to be paid from the Employees' Deposit Linked Insurance ("EDLI") Scheme fund, to the eligible family members who were beneficiaries in cases of death of eligible employees but the amount paid to them was less than the stipulated minimum assurance benefit of INR 2.5 Lakh (Rupees Two Lakh Fifty Thousand) resulting in short payments. The said directions provide that:
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