LatestCorporate Compliance 24 September 2026
EPF Wage Ceiling Hike Impacts Contributions
India’s Employees’ Provident Fund (EPF) wage ceiling has been raised, so employees contributing on an actual wage basis will have their contribution calculations shifted to the higher limit. This change can increase deductions, affect employer matching, and requires payroll updates.
Employers and employees must note the recent increase in the EPF wage ceiling. The higher limit changes the base salary used for EPF contributions, potentially raising the contribution amount for workers paid on an actual wage basis.
- Contributions now calculated on the new ceiling amount.
- Employers should adjust payroll systems promptly.
- Workers may see higher deductions but also greater future pension benefits.
For full details, see the original article.
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