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What Should Understand About Monthly Tax Deduction Malaysia?

MTD is which employers deduct monthly tax payments from the employment income.

MTD are net of personal relief, relief for spouse with no income, child relief and etc.

Companies in Malaysia should withhold income tax payments at source from employees

Foreign workers required to obtain government approval, visas, and employment passes.

Vaccination will be provided free of charge to everyone living in Malaysia.

Vaccine will only be offered to people aged 18 years and above.

Face Recognition Technology help increase security and limit physical contact.

Biometric technologies for public safety to combat COVID-19.

Biometric face recognition is most demanded solutions for identity verification.

Face Recognition solution collects unique biometric data for person authentication.

Tax Payer must pay income tax on all types of income.

Stick with the requirements and guidelines to have a successful tax payment.

i-Sinar Employees Provident Fund (EPF) is now open for application.

Withdrawal facility can be up to RM60,000 from Account 1.

EPF contribution rate will be reduced between January to December 2021.

EPF Members who not agree are required to submit a form to employers.

i-Sinar enables members to request for 10% advance from account 1 Epf.

Assist eligible members that have financial issue due to the current COVID-19 pandemic.

Expansionary budget to revive the economy in Malaysia.

Measures to benefit economic sectors and segments of the society.