From mint · Shivam Shukla · · 1m
EPFO VISHWAS 2026: Settle Section 14B Damages
Employers can settle pending Section 14B penal damages at concessional rates under EPFO VISHWAS 2026.
In brief
Employers can settle pending Section 14B penal damages at concessional rates under EPFO VISHWAS 2026. Employers can settle Section 14B penal damages at reduced rates through EPFO VISHWAS 2026. Originally reported by mint.
EPFO VISHWAS 2026
EPFO VISHWAS 2026 allows eligible employers to settle pending Section 14B penal damages at concessional rates.
Section 14B penal damages
Section 14B empowers EPFO to levy penal damages when employers default on provident fund contributions.
EPFO's initiative
EPFO urged employers to use VISHWAS 2026 to settle outstanding dues via a video explanation.
EPFO tweet
EPFO tweeted on 16 October: 'Settle pending Section 14B penal damages at concessional rates! Watch the video'.
“📢 VISHWAS 2026: Settle pending Section 14B penal damages at concessional rates! 🎥 Watch the video to know more:https://t.co/ybX2ahEJQK #EPFO #EPFOWithYou #Vishwas2026 #HumHainNa”
How to settle
Employers must check eligibility criteria, minimum requirements, rates, coverage and deadlines before applying.
Key conditions
Concessions apply subject to scheme terms; not all dues are automatically waived.
Next steps
Employers should verify outstanding liabilities and follow EPFO's prescribed procedure for settlement.
The one thing
Employers can settle Section 14B penal damages at reduced rates through EPFO VISHWAS 2026.
