Central Government notifies EPF Scheme 2026

• 02 Jul 2026
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The Central Government has introduced Employees’ Provident Fund (EPF) Scheme 2026. This new scheme has replaced the EPF Scheme 1952. This change is part of implementing the Code on Social Security 2020. The new scheme took effect on 29 June 2026 upon its publication in Gazette. 

The updated scheme aims to strengthen digital compliance, improve administrative efficiency, improve account portability and ensure alignment of provident fund framework with new labor codes. 

EPF Contribution Remains Unchanged

Under the new scheme, the mandatory EPF contribution remains unchanged at 12 percent of wages for employees as well as employers. The existing rate of 10 percent will continue to apply to notified establishments designated by the central government. 

Revision in Partial Withdrawal Rules

The scheme also revises the rules regarding partial withdrawals. It allows members to access funds for medical treatment, education, marriage, housing and other specified needs provided they maintain a minimum balance and meet other prescribed conditions. 

Additionally, the scheme emphasizes electronic filings, online claims, e-passbooks and the linkage of Universal Account Numbers so as to improve transparency and make provident fund management more efficient. 

Source: News On AIR