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EPFO launches scheme VISHWAS to amicable settlement of damages & penalty-related disputes

The Employees’ Provident Fund Organisation (EPFO) has introduced the VISHWAS scheme in 2026 to promote amicable resolution of disputes related to damages and penalties. This initiative is significant as it provides a one-time opportunity for employers to settle eligible disputes digitally, ensuring transparency in the process. The launch of VISHWAS is crucial for enhancing compliance and reducing litigation, making it a noteworthy development in the realm of labor laws and employment.