India Notifies New EPF Scheme
Analysis based on 7 articles · First reported Jul 02, 2026 · Last updated Jul 02, 2026
The new EPF Scheme, 2026, by the government of India, is expected to positively impact the financial services sector by simplifying access to provident fund savings for over seven crore subscribers. The integration of Unified Payments Interface (UPI) and Meta Platforms — WhatsApp services by the India — Employees Provident Fund Organisation (EPFO) will streamline transactions and improve customer service, potentially increasing liquidity and financial activity among a large segment of the population.
The government of India has notified the new Employees' Provident Fund Scheme, 2026, effective June 29, introducing revised partial withdrawal norms. Under the new rules, members of the India — Employees Provident Fund Organisation (EPFO) must retain a minimum of 25% of their eligible balance before making partial withdrawals. The permissible reasons for withdrawals have been expanded to include housing, illness, education, and marriage, with withdrawals allowed after 12 months of service. Additionally, the EPFO has completed testing for UPI-based direct withdrawals and plans to launch Meta Platforms — WhatsApp services for members to check balances, view transactions, and track claims, aiming to improve service delivery and accessibility for over seven crore subscribers.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard