The notification of the Employees’ Provident Fund (EPF) Scheme, 2026, effective from June 29, 2026, has sparked a nationwide debate among salaried employees. The new scheme, introduced under the Code on Social Security, 2020, replaces the seven-decade-old EPF Scheme, 1952. While the contribution rate of 12% remains unchanged, the scheme has formally clarified that the mandatory EPF contribution is […]
