PF authorities give an option to employers to subscribe to the Employees Deposit Linked Scheme offered by a life insurer (EDLI), instead of buying life cover through PF. This is mandatory and, if offered, and you cannot opt out of it
3 min read11 Dec 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared