I left my job in 2025 at the age of 48 after working for 18 years. During this period, both me and my employer contributed regularly to my EPF account with the Employees’ Provident Fund Organization ...
Financial planning: Planning for your retirement must take into consideration rising costs, future medical and emergency needs, and lifestyle inflation. Thus, it is advisable to have some allocation ...
Did our AI summary help? After decades of disciplined saving, many salaried employees retire with a sizable corpus in the Employees’ Provident Fund (EPF), a cornerstone of retirement savings in India.
Major changes in the Employees’ Provident Fund Organisation (EPFO) system are expected under the proposed EPFO 3.0 upgrade, which could allow provident fund accounts to function more like bank ...
The government has shared fresh details in Parliament on EPFO 3.0, a major digital transformation initiative aimed at making provident fund and pension services faster, simpler, and largely paperless.
PETALING JAYA: Dividends from government-backed retirement and unit trust funds are not subject to the 2% tax on dividend income exceeding RM100,000, says the Inland Revenue Board (LHDN). The ...
You may soon withdraw your EPF balance from ATMs, but tax rules could reduce your payout. Here's how
Under the current rules, EPF withdrawals are mostly tax-free if you have completed five years of continuous service EPFO 3.0 will allow PF withdrawals via ATMs for convenience Withdrawals before 5 ...
The long-standing demand to increase the minimum pension under the Employees’ Pension Scheme (EPS-95) once again came up in Parliament, and the government has now clearly stated out its position. In a ...
DEATH is an uncomfortable topic at the best of times, but when it comes to a lifetime of hard-earned savings, it is one worth confronting. A viral post on Threads has sparked alarm among Malaysians ...
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