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You are here: Home / FAQs / What is Central Provident Fund (CPF) computed on?
FAQ : CPF / Taxation & Accounting

What is Central Provident Fund (CPF) computed on?

For computing Central Provident Fund (CPF), salary is classified into Ordinary Wages (OW) (wages due or granted wholly and exclusively in connection with an employee’s employment for each month and payable monthly) and Additional Wages (AW) (bonus or incentives not paid monthly). Contributions are computed based on both these factors.


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Rikvin Pte Ltd

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