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Delayed PF deposits? EPFO offers lower penalties under VISHWAS 2026 scheme, but employers must apply by 28 December
Reported by: Livemint ·
Summary
Livemint reported that the Employees' Provident Fund Organisation (EPFO) has opened a one-time settlement window called VISHWAS 2026 for employers with pending provident fund damage disputes. Under it, eligible employers can settle these disputes at reduced rates, starting at 0.25% per month, and the window closes on 28 December 2026. The report says interest and PF dues are also part of the scheme, though it gives no further figures. In plain terms, the EPFO runs the provident fund, the retirement savings that employers and employees both pay into. Damage is the charge the EPFO can levy on an employer for delays in depositing those contributions. A one-time settlement means a single window to clear old disputes instead of contesting them. The report does not say how many employers are covered or the total amount involved.
AI summary of what Livemint reported. AI can make mistakes. Read the full story on Livemint
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Livemint · · Tone -2
Delayed PF deposits? EPFO offers lower penalties under VISHWAS 2026 scheme, but employers must apply by 28 December
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damage disputes at reduced rates, starting at 0.25% per month. The one-time settlement window closes on 28 December 2026. Interest and PF…
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- What happened here, in simple words? Delayed PF deposits? EPFO offers lower penalties under VISHWAS 2026 scheme, but employers must apply by 28 December
- Where do the outlets differ in how they report this? Delayed PF deposits? EPFO offers lower penalties under VISHWAS 2026 scheme, but employers must apply by 28 December
- What background should I know to understand this story? Delayed PF deposits? EPFO offers lower penalties under VISHWAS 2026 scheme, but employers must apply by 28 December