New Delhi, July 12 -- The Employees' Provident Fund Organisation (EPFO) has introduced the Amnesty Scheme, 2026, giving organisations operating exempted Provident Fund (PF) trusts under the Income Tax Act, 1961, a one-time opportunity to regularise their legal status.

"Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for a period of six months," the PIB update mentioned.

The Finance Act, 2026 has aligned the income tax rules for recognised provident funds with the provisions of the Employees' Provident Funds and Miscellaneous Provisions Act (EPF & MP Act), 1952.

Going forward, only provident funds that have obtained exemption under Section 17 of the EPF & MP Act will be recog...