As it turns out, although the government has notified the Social Security Code, a crucial clause that would repeal the EPF Act has not yet been enforced. This is why the decades-old EPF Act remains valid. Sonakshi Das, Partner at JSA Advocates & Solicitors, noted that a significant portion of the Social Security Code’s practical implementation depends on notifications that are still pending. She added that employees and employers must stay alert to new government circulars, especially those related to revised PF schemes, contribution rules operational procedures, new pension frameworks. Until these notifications are released, the EPF Act will continue to operate alongside the newly notified Social Security Code. Read more
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