EPF Interest Protection for Employees

Concerned about your PF interest if your company is late with deposits? Do not worry. EPFO confirms that your interest is safe even if your employer is late. Companies must deposit money by the 15th of every month. If they do not, they must pay extra interest under section 7Q and damages under section 14B of the Act.

Vishwas 2026 scheme

To resolve pending cases, the government launched Vishwas 2026 scheme. Companies can settle outstanding damage cases at lower rates until 29 December 2026. Penalty rates are now 0.25% for defaults up to two months, 0.50% for up to four months, and 1% for longer periods. This helps recover dues faster for all members and matches the goals of Complete List of Schemes Launched by PM Narendra Modi to support workers.