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What changes for 13th month pay in Asia in 2027?
Question
What changes for 13th month pay in Asia in 2027?
Answer
Singapore raises CPF rates for employees above 55 to 65 from 1 January 2027, and China's separate tax method for annual bonuses ends on 31 December 2027 unless extended. India's bonus ceilings are now formally notified under the Code on Wages, while Philippine bills on a higher tax-exempt ceiling and 14th month pay remain pending.
Updated
Oct
2026
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