LatestCorporate Compliance 3 July 2026
EPF Scheme 2026 Update
The EPF scheme has introduced new withdrawal rules and contribution caps in 2026, with mandatory contributions capped at the wage ceiling as per the Code on Social Security, 2020, aiming to bring significant structural changes to the existing system, affecting the way employees and employers contribute to the fund, and the rules governing withdrawals from the fund, which are now more streamlined and standardized
The EPF scheme has introduced new rules and caps in 2026. *Key changes* include:
- Mandatory contributions capped at the wage ceiling
- New withdrawal rules
The changes aim to bring significant structural changes to the existing system. *Main points* to consider:
- Contributions above the monthly wage ceiling are now capped
- The new rules governing withdrawals from the fund are more streamlined and standardized
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