Union Minister Dr Mansukh Mandaviya Chairs 239th meeting of CBT & EPF in New Delhi
In March 2026, Union Minister Dr. Mansukh Mandaviya, Ministry of Labour & Employment (MoL&E), chaired the 239th meeting of the Central Board of Trustees (CBT), Employees’ Provident Fund (EPF) in New Delhi, Delhi.
In March 2026, Union Minister Dr. Mansukh Mandaviya, Ministry of Labour & Employment (MoL&E), chaired the 239th meeting of the Central Board of Trustees (CBT), Employees’ Provident Fund (EPF) in New Delhi, Delhi.
- The board has recommended to retain the interest rate of Provident Fund (PF) deposits at 8.25% for Financial Year 2025-26(FY26).
Highlights of 239th meeting of CBT & EPF:
Amnesty Scheme for Exempted Establishments: The Board approved a one-time Amnesty Scheme, designed to address compliance issues related to income tax–recognized trusts.
Alignment of existing Schemes: The CBT has also approved the notification of new social security schemes: EPF Scheme, 2026, Employees Pension Scheme (EPS, 2026); and Employees’s Deposit Linked Insurance (EDLI) Scheme, 2026.
Others: The Board has also approved a pilot project for auto-initiation of claim settlement in inoperative EPFO accounts with unclaimed balances of Rs 1,000 or less.
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- The Board approved the Institute of Banking Personnel Selection (IBPS) to conduct direct recruitment and promotion examinations on behalf of EPFO.
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