Centre Notifies EPF Scheme, 2026

On 29th June 2026, the Central Government notified the Employees' Provident Fund (EPF) Scheme, 2026, replacing the EPF Scheme, 1952, as part of the implementation of the Code on Social Security, 2020.

Key Points

Objective: The scheme aims to strengthen digital compliance, improve administrative efficiency, enhance account portability and align the provident fund system with the Code on Social Security, 2020.
Contribution Rate: The mandatory EPF contribution remains 12% of wages each from the employee and employer. The existing 10% contribution rate will continue for notified establishments.
Partial Withdrawals: Members can continue to make partial withdrawals for specified purposes such as medical treatment, education, marriage, housing and other approved needs, subject to prescribed conditions.
Digital Governance: The scheme promotes electronic filings, online claims, e-passbooks and Universal Account Number (UAN) linkage to improve transparency and simplify provident fund management.