India, July 2 -- The centre has introduced the Employees' Provident Fund (EPF) Scheme, 2026 in place of the previous scheme as the Employees Provident Fund (EPF) Scheme, 1952. From 29 June 2026, the new EPF scheme will come into effect, and it is in accordance with the code on social security, 2020 along with clear provisions of provident fund deductions, withdrawal and services. The most important aspect of the new law regarding the Employees' Provident Fund is that there will be a cap of Rs.1,800 on the monthly deduction of the provident fund from the employees wages as a maximum deduction would be 12 percent of the statutory wage limit of Rs.15,000 however, the employees may choose to make further contributions towards their provident ...