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हिन्दी — Read in HindiLabour codes, gig work and social security
The law of work: the labour codes, gig work and the social security of workers.
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Employees' Provident Fund under the Code on Social Security
Copy link to Employees' Provident Fund under the Code on Social SecurityPrelims and Mains
The Employees' Provident Fund Organisation (EPFO) runs three schemes, for provident fund, pension and deposit linked insurance, under the Code on Social Security, 2020.
- The Code on Social Security, 2020 is one of four labour codes that consolidate 29 central labour laws, and it subsumes the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
- Employer and employee each contribute 12% of wages, 10% for some notified establishments.
- Of the employer's 12%, 8.33% goes to the Employees' Pension Scheme (EPS), and the Centre adds 1.16%.
- Contributions are due on wages up to a wage ceiling, which also decides who must be covered; it stood at ₹15,000 a month from 2014 until September 2026, and the minimum pension under the EPS has stayed ₹1,000 a month since 2014.
What changed
18 Sep 2026newly added
- The Union Cabinet approved raising the EPFO wage ceiling from ₹15,000 to ₹25,000 a month, which is expected to bring more than 51 lakh more employees into mandatory coverage.
- The Labour Ministry notified the new ceiling in the Gazette on 17 September under Section 2(89) of the Code on Social Security.
The Hindu, 18 Sep 2026: What does the latest revision to the EPFO wage ceiling entail? (opens in a new tab) · The Indian Express, 17 Sep 2026
Show history (1 other update)
13 Jul 2026Newnewly added
- The Employees' Provident Fund Scheme, 2026, notified on 29 June with a Pension Scheme and a Deposit Linked Insurance Scheme of 2026, replaced the 1952 scheme.
- It folds 13 withdrawal grounds into three and requires 25% of contributions to stay in the account.
- It makes the principal employer liable for the provident fund dues of contract workers.
- On 12 July EPFO opened a six month Amnesty Scheme, 2026 for establishments with income tax recognised provident fund trusts but no formal exemption, so that they can regularise under the Code.