Tax alert - Retrospective extension of enhanced EDLI benefits

Article

Tax alert - Retrospective extension of enhanced EDLI benefits

 

28 November 2024

The Ministry of Labour and Employment (‘MoLE’), on 18 November 2024, issued a notification to amend Employees' Deposit-Linked Insurance Scheme, 1976 (‘EDLI Scheme’) to extend the enhanced EDLI benefits retrospectively from 28 April 2024.

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