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Current Affairs 29 June 2026 - Daily News for UPSC, SSC, Banking | Current Affairs Pulse
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29 June 2026
29 June 2026
2 articles
1 high importance
2 with quiz
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Schemes & Committees (2)
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New EPF and Pension Schemes 2026 Notified Under the Code on Social Security, 2020
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The Ministry of Labour and Employment has notified the Employees' Provident Funds Scheme, 2026, the Employees' Pension Scheme, 2026 and the Employees' Deposit Linked Insurance Scheme, 2026 under the Code on Social Security, 2020.
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They replace the schemes framed under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 - the EPF Scheme of 1952, the Employees' Pension Scheme of 1995 and the older Family Pension Scheme of 1971, and the EDLI Scheme of 1976.
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The change is legal and administrative rather than structural: PF balances, Universal Account Numbers, past contributions and existing benefits all continue unchanged.
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Schemes & Committees
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EPFO Launches VISHWAS 2026, a One-Time Scheme to Settle Damages and Penalty Disputes
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The Employees' Provident Fund Organisation launched VISHWAS, 2026 with effect from 29 June 2026 to settle disputes over damages and penalties.
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It is a one-time dispute resolution scheme that will remain open for six months.
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Damages for defaults before 14 June 2024 are recalculated at reduced rates of 0.25%, 0.50% and 1% per month depending on the length of default.
Banking
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