New Delhi, July 2 -- The new Employees' Provident Fund (EPF) Scheme 2026 has come into effect this week and introduced a slew of changes for EPF subscribers including updated rules for partial withdrawals. Notified by the Centre as part of its implementation of the Social Security Code 2020, it replaces the erstwhile EPF Scheme 1952.

The new EPF Scheme is in line with the existing provident fund framework and retains the core structure while enhancing digital compliance, improving transparency reducing paperwork, support for the updated labour codes and simplifying processes.

Overall, it aims to improve financial flexibility for users, while allowing better access to funds even before leaving employment. Today we explore and explain how...