News about EPF

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is further extending the deadline for employers in Malaysia to remit their mandatory contribution for the salary month of March 2020 (April contributions) to April 30 from the previously announced April 24, following requests from employers for more time to do so.

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is suing a subsidiary of Ikhmas Jaya Group Bhd to recover RM2.

KUALA LUMPUR (April 13): The Employees Provident Fund (EPF) has extended the date for employers to remit their mandatory contribution for the salary month of March 2020 (April contributions), from this Wednesday (April 15) to April 24, 2020, in light of Malaysia’s ongoing Movement Control Order (MCO).

KUALA LUMPUR (April 2): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Mohamad Hafiz Kassim as its managing director designate to replace Datuk Mohd Lotfy Mohd Noh, who had retired at the end of March 2020.

PETALING JAYA (March 31): The  Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA).

KUALA LUMPUR (March 24): The Malaysia-China Chamber of Commerce (MCCC) and Malaysian Islamic Chamber of Commerce (MICC) is asking the government to allow active contributors of the Employees Provident Fund (EPF) to withdraw their 11% contribution to the fund over the past six months.

KUALA LUMPUR (March 24): On March 23, 2020, the Prime Minister announced some immediate measures to relieve the burden of the rakyat in light of the ongoing movement control order (MCO).

KUALA LUMPUR (March 20): The Malaysia-China Chamber of Commerce (MCCC) and Malaysian Islamic Chamber of Commerce (MICC) have called for strict enforcement to make the country’s movement control order (MCO) work with the prescribed 14 days to curb the spread of the COVID-19 outbreak.

KUALA LUMPUR (March 11): Employees who want to maintain their share of the statutory contribution to the Employees Provident Fund (EPF) at 11% can opt to fill the KWSP 17A (Khas 2020) form available at its website, www.

PUTRAJAYA (Feb 27): Malaysia has the flexibility to further tap RM2 trillion worth of savings in the country to help counter the negative impact of the COVID-19 outbreak.