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New EPF Scheme 2026 Caps Mandatory Contributions at Rs 15,000 Monthly Wage

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The Labour and Employment Ministry has notified the new Employees' Provident Funds Scheme 2026, effective from Monday. Under the revised framework, mandatory provident fund contributions for both employees and employers will be capped based on a monthly wage limit of Rs 15,000. This means the minimum required contribution is tied to Rs 1,800 per month, which is 12% of the Rs 15,000 wage ceiling. Any provident fund contribution beyond this threshold will be treated as voluntary for both parties.

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