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18 July 2026

EPFO 'Vishwas 2026' dispute resolution scheme

The EPFO 'Vishwas 2026' scheme is a specific, time-bound government initiative aimed at reducing litigation and improving compliance, making it a relevant example for questions on governance, e-governance, and the functioning of statutory bodies.

1 min read 1 questions 1 prelims

Notes

  • EPFO launched 'Vishwas 2026', a one-time dispute resolution scheme effective from June 29, 2024.
  • The scheme targets disputes regarding the levy of damages or penalties on employers under Section 14B of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, and Section 128 of the Code on Social Security, 2020.
  • The initiative is fully digital, time-bound, and operational for six months from the date of notification.
  • Objectives include promoting voluntary compliance, reducing litigation, and safeguarding employee interests.
  • Eligibility covers defaults occurring prior to June 14, 2024.
  • Recalculation rates for damages: 0.25% per month for defaults up to two months; 0.50% per month for defaults between two and four months; 1% per month for defaults exceeding four months.

Questions

  1. Discuss the objectives of the 'Vishwas 2026' scheme launched by the EPFO. How does such a mechanism contribute to reducing litigation and improving the ease of doing business while ensuring social security for employees? 150 words
    Attempt this — 150 words in 8 min
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Prelims

  1. The 'Vishwas 2026' scheme, recently launched by the EPFO, primarily aims to resolve disputes related to:

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-07-18/epfo-vishwas-2026-dispute-resolution-scheme