Employees’ Provident Fund Organisation
(EPFO) launched the Amnesty Scheme, 2026 on 29 June 2026 under the Ministry of
Labour & Employment
¨
Employees’ Provident Fund
Organisation (EPFO) launched the Amnesty Scheme, 2026 on 29 June 2026 under the
Ministry of Labour & Employment.
¨
The scheme provides a
one-time six-month opportunity to exempted Provident Fund (PF) trusts to
regularise their status under the Employees’ Provident Funds and Miscellaneous
Provisions Act, 1952.
¨
The initiative aims to
resolve pending compliance issues and provide a simplified framework for
exempted PF trusts.
¨
Provident Fund (PF)
trusts are employer-managed retirement savings funds that operate under the EPF
framework for managing employees’ retirement benefits.
¨
These trusts provide
benefits to employees that are equal to or better than those available under
the statutory EPF scheme.
¨
Section 17 of the EPF
& MP Act, 1952 allows establishments to obtain exemption from the statutory
provident fund arrangement if they fulfil prescribed conditions.
¨ The scheme covers establishments whose PF trusts are recognised under the Income Tax Act, 1961, but do not have a formal exemption notification from the Central Government or State Government
¨ It also applies to cases where trust recognition and exemption status need alignment under the revised compliance framework.