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Showing posts from July, 2026
NEW EPF NOTIFICATION WEF 29TH JUNE 2026  The Ministry of Labour and Employment has notified the Employees' Provident Fund (EPF) Scheme, 2026 , replacing the 1952 rules.     Taking effect on June 29 , the updated framework introduces a mandatory 25% minimum balance retention for partial withdrawals and formally caps mandatory contributions at ₹1,800, making additional savings entirely voluntary   Key changes under the new EPF Scheme, 2026 include: ·              ·            Mandatory Contribution Limit: While the 12% contribution rate remains unchanged, the mandatory PF contribution is capped at ₹1,800. Any contributions above this threshold are now classified as voluntary ·              ·            Minimum Balance Requirement: Members can access their savings for eligible ...