The Central Government notified the Employees' Provident Fund (EPF) Scheme, 2026, replacing the EPF Scheme, 1952, under the Code on Social Security, 2020.
The mandatory EPF contribution remains 12% of wages each by the employee and employer, while the 10% rate continues for notified establishments.
The scheme promotes electronic filings, online claims, e-passbooks, and Universal Account Number (UAN) linkage to improve transparency and administrative efficiency.
It also updates rules for partial withdrawals for medical treatment, education, marriage, housing, and other specified purposes, subject to prescribed conditions.
The scheme aims to improve digital compliance, account portability, and alignment with the Code on Social Security, 2020.