LatestCorporate Compliance 8 October 2026
EPF Ceiling Up, PF UPI Test, GPF Rate 7.1% – Oct 2026 Update
The October 2026 financial roundup highlights several key changes: EPF wage ceiling is raised to ₹25,000, altering contribution and pension calculations; EPFO begins a UPI trial allowing withdrawals of up to 75% of PF balances; GPF interest for Q3 2026-27 is set at 7.1%; RBI hikes the repo rate to 5.5% with no immediate cuts expected; new merchant shipping certification rules are issued; and minimum wages are revised for multiple sectors effective Oct 1, 2026. These shifts impact employees, retirees, and employers across India.
- EPF Wage Ceiling Raised – EPF wage ceiling lifted to ₹25,000, affecting contribution calculations and pension benefits. Read more
- UPI Access Trial – EPFO testing UPI for up to 75% of PF balance; eligibility unchanged. Details
- GPF Interest Rate – GPF interest set at 7.1% for Q3 2026‑27. Source
- RBI Repo Rate – RBI increased repo rate to 5.5%; cuts unlikely soon. Info
- Merchant Shipping Rules – New certification rules for vessels and ports under Notification G.S.R. 823(E). Full text
- Wage Updates – Minimum wages revised for agriculture, construction, and other sectors effective Oct 1, 2026. See updates and de‑empanelment notice
- Market Index – BSE India indices reflect wage adjustments as of Oct 1, 2026. Index data
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