Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month for defaults up to two months, 0.50% per month for defaults from two to less than four months, and 1.00% per month for defaults exceeding four months, the ministry of of labour and employment said on Friday.

EPFO's 'VISHWAS 2026' scheme offers a six-month digital solution for employers to resolve penalty disputes and enhance compliance.

Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month…

EPFO’s “VISHWAS 2026” simplifies dispute resolution with reduced penalties, promoting faster compliance and reducing litigation for employers.

The EPFO launches "Vishwas 2026" scheme to help employers settle provident fund disputes swiftly and amicably.

The EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty cases under provident fund laws. The…