New Delhi, July 17 -- The Employees' Provident FundScheme, 2026 has introduced a revised framework for exempted provident fund (PF) trusts, bringing in an interest rate ceiling, mandatory digital compliance, stricter governance standards and time-bound exemptions for employers that manage provident fund accounts through their own recognised trusts.

The changes are part of the Employees' Provident Fund Scheme, 2026, notified by the Ministry of Labour and Employment under the Code on Social Security, 2020. While the new Scheme largely retains the existing framework for provident fund contributions and withdrawals, it also updates the conditions governing exempted establishments that operate their own PF trusts instead of remitting contribu...