Early Times Report JAMMU, July 14: The Employees' Provident Fund Organisation (EPFO) has introduced the 'Vishwas-2026' Scheme, a special initiative aimed at facilitating the amicable and time-bound resolution of pending damages cases under Section 14B of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 or 128 of the Code of Social Security, 2020. The scheme has been introduced effective from 29 June 2026 and will remain operational for a period of six months. Appealing to employers to take maximum advantage of the scheme, Sumeet Singh, Regional Provident Fund Commissioner-I, EPFO Regional Office Jammu, stated that the initiative provides an opportunity to settle pending damages cases in a transparent, fair, and efficient manner. He emphasized that the scheme would reduce litigation, promote voluntary compliance, and strengthen employer-EPFO relations. To facilitate employers and ensure seamless implementation, EPFO Regional Office Jammu has established a dedicated Help Desk to provide guidance and assistance regarding the scheme. Help Desk Details "Walk-in Assistance: Employers and stakeholders may visit the Regional Office during office hours. "Telephone: 0191-2472725 "Email: [email protected] "WhatsApp Helpline: 6006567049 "Nodal Officer: Satya Prakash, Assistant Provident Fund Commissioner (APFC) Employers are also encouraged to submit their queries and seek clarification through email, social media platforms, and the WhatsApp helpline for prompt assistance. Applications under the scheme are to be submitted online through the EPFO Employer Portal using a valid Digital Signature Certificate (DSC) or e-sign facility. Upon verification and approval by the competent authority, the approval certificate will be made available in the employer's login. Key Features of the 'Vishwas-2026' Scheme "Special settlement scheme operational for six months. "Application permitted after payment of the full interest amount. "Damages concession based on the period of delay, as prescribed under the scheme. "Online application and approval process through the EPFO Employer Portal. "Notwithstanding the rate of damages otherwise applicable at the relevant point of time, the rate of damages under the VISHWAS 2026 for the period prior to 14.06.2025 shall be as follows: Period of Default Revised Rate of 1 Damages Less than 2 months 0.25% per month 2 to less than 4 months 0.50% per month 4 months and above 1.00% per month EPFO Regional Office Jammu urges all eligible employers to avail themselves of this unique opportunity and resolve pending damages cases in a hassle-free manner, thereby promoting ease of compliance and reducing avoidable litigation. |