How EPFO can cut penalty for late PF contribution

What happened: The Ministry of Labour & Employment said the VISHWAS, 2026 scheme reduces penalties for employers who deposit PF contributions late, with applications open on the EPFO Employer Portal. Key numbers: Normal penalty up to 37% per year. Why it matters: The scheme covers cases where Section 14B orders are challenged, recovery is pending, notices are pending, or notices are yet to be issued. Employers must clear outstanding interest first, and after EPFO signs the settlement certificate, proceedings before the court or tribunal are deemed closed.

The Ministry of Labour & Employment said the VISHWAS, 2026 scheme reduces penalties for employers who deposit PF contributions late, with applications open on the EPFO Employer Portal.

The scheme covers cases where Section 14B orders are challenged, recovery is pending, notices are pending, or notices are yet to be issued. Employers must clear outstanding interest first, and after EPFO signs the settlement certificate, proceedings before the court or tribunal are deemed closed.