KUALA LUMPUR, March 2 — Amendments to the Employees Provident Fund (EPF) Act 1991 to make foreign worker contributions compulsory are expected to be tabled in Parliament before the current Dewan ...
Learn about some of the primary differences between provident funds and pension funds, which are two types of retirement ...
has instructed employers to remit their mandatory EPF contribution by the 15th of every month, starting January 2021. In a statement issued on Wednesday, it said this is in line with the original ...
The EPF said a minimum contribution of RM264 was expected to be received from every worker who earned monthly wages, subjected to being employed for the full month, under the new measure.
Act 1991 which will make EPF contribution mandatory for foreign workers. Finance minister II Amir Hamzah Azizan said the policy is expected to be implemented in the fourth quarter of this year ...
One may build a large corpus through either of them in the long run. Contributions to EPF and NPS also provide tax benefits, while tax benefits in mutual funds are conditional. This is a default ...
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per ...
The new compulsory contributions, which are likely to be implemented in the fourth quarter of 2025, are expected to inject billions of ringgit into the EPF annually. Foreign or non-citizen workers ...