EPFO's recent notification has said that in the event of death of an employee, even if the average provident fund balance is less than Rs 50,000, a minimum assurance benefit of Rs 50,000 shall be payable to his/her family members under Employees’ Deposit-Linked Insurance (Amendment) Scheme.
from Zee News :Business https://ift.tt/BGCTSpb
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Hii New update