ADVERTISEMENT
India’s new EPF Scheme 2026 ends the automatic rule requiring employees and employers to each put 12% of basic wages into the provident fund. Tax experts Puneet Gupta of EY India and Parizad Sirwalla of KPMG explain that companies and staff can now choose to contribute just ₹1,800 a month instead, giving employees more take-home pay but potentially shrinking retirement savings. The scheme also stretches the waiting period for full PF withdrawal after leaving a job from two months to one year, while still allowing partial withdrawals of up to 75% for specific needs like education, illness, and housing.
First Published:Â Jul 9, 2026 4:27 PM IST
Note To Readers
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.
