LatestCorporate Compliance 10 November 2026
India PF Penalties, Labor Hours, Maternity
The Employees' Provident Fund Organisation has introduced a lower penalty rate of 0.25% per month for delayed PF deposits under the VISHWAS 2026 scheme, with a filing deadline of 28 December 2026. A 240th EPFO board meeting is slated for 19 November 2026 in New Delhi. New labour‑code guidance sets overtime limits for IT supervisors earning above ₹18,000, while courts expand maternity benefit eligibility beyond regular women. Experts also call for a shift in Indian dispute resolution toward problem‑solving rather than fault‑finding.
- EPFO lowers PF penalty rates – Under the VISHWAS 2026 scheme the monthly penalty for delayed deposits is reduced to 0.25% per month. Applications must be submitted by 28 December 2026. Interest and contributions remain payable. (Read more)
- EPFO board meeting scheduled – The 240th Central Board of Trustees will meet on 19 November 2026 in New Delhi, discussing potential changes to the minimum EPS pension. (Details)
- IT sector overtime rules – Labour codes now require overtime pay for supervisory staff earning above ₹18,000 per month, with specific caps for the IT industry. (Full article)
- Maternity Benefit Act clarification – Courts have ruled that maternity benefits are not limited to regular women, widening coverage under the 1961 Act. (Source)
- Shift in dispute resolution – Legal experts advocate moving from fault‑finding to problem‑solving approaches in Indian ADR mechanisms. (Interview)
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