Central
Shops and EstablishmentPress release on EPFO urges eligible establishments to settle long-pending EPF damages disputes at substantially reduced rates under VISHWAS, 2026
Central published this gazette notification (Gazette ID: central-press-release-on-epfo-urges-eligible-establishments-to-settle-long-pending-epf-damages-disputes-at-substantially-reduced-r) on 2026-09-03, filed under Shops and Establishment. The purpose of this notification is to encourage establishments to avail of the VISHWAS scheme, 2026, and settle long-pending EPF damages disputes at reduced rates, thereby promoting compliance and reducing litigation.
| Issue Date | |
| Published | |
| Gazette ID | central-press-release-on-epfo-urges-eligible-establishments-to-settle-long-pending-epf-damages-disputes-at-substantially-reduced-r |
| Category | Shops and Establishment |
Action Required
Employers are required to review their pending EPF damages disputes and consider settling them under the VISHWAS scheme, 2026, at substantially reduced rates to avoid further litigation and penalties. They must submit their applications within the specified timeframe to avail of the benefits under the scheme.
Statutory Penalty Risk
Penalty for non-compliance with EPF regulations, which may include fines and damages as per the Employees' Provident Funds and Miscellaneous Provisions Act, 1952
Statutes & Rules Amended
- Employees' Provident Funds and Miscellaneous Provisions Act, 1952
- VISHWAS scheme, 2026
Compliance Impact
| Action Required | Employers are required to review their pending EPF damages disputes and consider settling them under the VISHWAS scheme, 2026, at substantially reduced rates to avoid further litigation and penalties. They must submit their applications within the specified timeframe to avail of the benefits under the scheme. |
| Compliance Deadline | |
| Statutory Penalty | Penalty for non-compliance with EPF regulations, which may include fines and damages as per the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 |
Purpose
The purpose of this notification is to encourage establishments to avail of the VISHWAS scheme, 2026, and settle long-pending EPF damages disputes at reduced rates, thereby promoting compliance and reducing litigation.
Summary
The Central Government has urged eligible establishments to settle long-pending EPF damages disputes at substantially reduced rates under the VISHWAS scheme, 2026, to promote compliance and reduce litigation. This initiative aims to resolve pending disputes and promote a conducive business environment.