INCOME TAX4 Sept 2026
EPFO offers steep penalty cuts under VISHWAS 2026 to settle old PF disputes: Check details | Mint
The EPFO has launched VISHWAS 2026, a one-time scheme to settle old PF disputes at reduced penalties. Instead of up to 37% annual damages, you'll pay 0.25% to 1% monthly, based on how long the payment was delayed. This applies to many cases of delayed deposits before June 14, 2024. Apply through the EPFO Employer Portal before December 28, 2026.
Key Statutory Highlights
- VISHWAS 2026 is a one-time EPFO settlement scheme offering reduced penalty rates for delayed PF payments.
- Penalties fall to 0.25% per month for delays up to two months, 0.50% for two to four months, and 1% beyond four months, instead of up to 37% annually.
- You must apply through the EPFO Employer Portal by December 28, 2026, and clear outstanding interest first.
Actionable Advice for Taxpayers / Founders:If you have an old PF dispute, check your eligibility and apply through the EPFO Employer Portal before December 28, 2026 — after clearing any outstanding interest.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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