Employees’ Provident Funds Scheme, 2026
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Provident fund membership and electronic compliance govern contributions, exemptions, withdrawals, trustee oversight, and transitional regularisation measures for covered employees.
The Employees' Provident Funds Scheme, 2026 supersedes the former Scheme and regulates mandatory membership, contributions, exemptions, Fund administration, transfers, nominations, withdrawals and electronic compliance for covered establishments. Employers must remit contributions and charges, including for contractual employees, maintain prescribed records and returns, and facilitate member identification and account access. Exempted establishments must maintain trustee governance, equivalent or superior benefits, electronic accounts, audits, compliant investments and timely claim settlement. The Scheme also provides rules for International Workers, partial and final withdrawals, payment of death benefits, inoperative accounts, and special enrolment, damages and exemption-regularisation measures.