LatestCorporate Compliance 3 July 2026
India Insurance Scheme Update
The Employees Deposit-Linked Insurance Scheme has undergone key changes in 2026, with the insurance benefit being 35 times the average monthly wages, not exceeding the notified wage ceiling, and advocates can now recover professional fees, there are also changes in case briefs and high court decisions
The Employees Deposit-Linked Insurance Scheme, 2026 has introduced significant changes. *Key highlights* include:
- Insurance benefit of 35 times the average monthly wages, not exceeding the notified wage ceiling
- Recovery of advocate professional fees
- Updates in case briefs and high court decisions
These changes aim to improve the overall scheme and provide more benefits to employees in India.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.