The reduction of EPF contribution rates for foreign workers from 12% to 2% raises serious concerns about their financial security and social protection, says a labour rights activist. Tenaganita ...

You can have it along with employer and employee contribution to EPF, if you are comfortable with reducing your in-hand salary. While NPS is optional, EPF is mandatory in most cases," said Abe ...

KUALA LUMPUR: Reducing the Employees Provident Fund (EPF) contribution rate for foreign workers from the proposed 12% to 2% has implications for the financial security and social protection of ...

Glorene Das says foreign workers already face systemic discrimination despite their significant contribution to the economy. Read More: https://www.freemalaysiatoday ...

Tenaganita has proposed that the government implement a tiered Employees Provident Fund (EPF) contribution rate for migrant workers. Its executive director Glorene A Das argued that this would ...

Here’s a breakdown. Annual Income (CTC): 14,65,000 Basic Salary (50 per cent of CTC): 7,32,500 NPS Employer Contribution (14 per cent of Basic): 1,02,550 EPF Employer Contribution (12 per cent ...

PETALING JAYA: Delay the implementation of the Employees Provident Fund (EPF) contribution scheme for foreign workers, business players said, citing concerns about the financial burden it would ...

Communications Minister Fahmi Fadzil today held a meeting with about 30 representatives of media organisations to discuss the welfare of media personnel. In a closed-door discussion that lasted over ...

The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...

Based on a 2024 analysis by the investment company Vanguard, the average 401 (k) balance for someone age 45 to 54 is $168,646 ...