Budget 2022: Minimum EPF contribution of 9% to remain till June 2022 | TheStarTV.com

Budget 2022: Minimum EPF contribution of 9% to remain till June 2022

Published on 29 Oct 2021 6:29:17 PM

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said under Budget 2022, the statutory contribution rate for employees to the Employees Provident Fund (EPF), which was reduced to 9% since last year, will remain until June 2022.

He said this will involve an allocation of RM2bil. The minimum contribution rate was first reduced to 9% last year in Budget 2021.

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Keywords
budget 2022, tengku zafrul tengku abdul aziz, epf, contribution

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said under Budget 2022, the statutory contribution rate for employees to the Employees Provident Fund (EPF), which was reduced to 9% since last year, will remain until June 2022.

He said this will involve an allocation of RM2bil. The minimum contribution rate was first reduced to 9% last year in Budget 2021.

Read more at https://bit.ly/3jOe0N4

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
budget 2022, tengku zafrul tengku abdul aziz, epf, contribution

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