Home Tally Prime EDLI Amount = Average Monthly Salary of Employee for last 12 months X 30 + 1,50,000

EDLI Amount = Average Monthly Salary of Employee for last 12 months X 30 + 1,50,000

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EDLI Amount = Average Monthly Salary of Employee for last 12 months X 30 + 1,50,000

Example

Suppose Average Monthly Salary of a employee for last 12 months is Rs 12000 The EDLI amount will be calculated as follows:

EDLI Amount = (12,000 x 30) + 1,50,000 = Rs 5,10,000

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