The Central Government has notified the EPF Scheme 2026 under the Social Security Code 2020, effective from June 29, 2026. The new rule replaces the mandatory 12% PF deduction from basic salary and DA with a fixed mandatory contribution of ₹1,800 each for the employee and employer. This change is expected to increase the take-home salary of high-income earners whose PF deductions will decrease. However, experts warn that lower PF contributions might negatively impact long-term retirement savings and the benefits of compounding interest.
https://punjab.news18.com/news/business/epf-scheme-2026-new-pf-deduction-rules-explained-will-your-take-home-salary-increase-or-decrease-984507.html
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