Topic
provident fund
Insurance #gig economy#gig workers
India Proposes Universal Provident Fund for Gig Workers and Self-Employed
The Employees' Provident Fund Organisation (EPFO) is working on a universal provident fund scheme for unorganised sector workers, gig workers, and the self-employed. The scheme would allow flexible contributions, tax benefits similar to EPFO, and a systematic withdrawal plan. If implemented, it could be one of the most significant expansions of India's social security framework.
Jul 22, 2026 1 source
Economy #provident fund#epf
India Notifies Employees' Provident Funds Scheme 2026: Key Changes in Contributions, Withdrawals, and Compliance
The Ministry of Labour and Employment has notified the Employees' Provident Funds Scheme, 2026, replacing the 1952 framework. The revised scheme introduces simplified partial withdrawals, mandatory Aadhaar/PAN details, and enhanced compliance requirements while retaining the 12% contribution rate for employers and employees.
Jul 8, 2026 2 sources