Highlights

save malaysia!!!

Author: savemalaysia   |   Latest post: Tue, 25 Feb 2020, 9:34 PM

 

LGE: Extension levy fees for foreign workers lowered from March

Author:   |    Publish date:


PETALING JAYA: The government will lower the extension levy fees for foreign workers who have worked in the country for more than 10 years starting from March.

Finance Minister Lim Guan Eng said the Cabinet made this decision during a meeting on Feb 20 to lessen the burden of employers.

The lowering of levies will apply to five sectors from March 1, 2019 to Feb 29, 2020.

For the manufacturing, services and construction sectors, the levy will be lowered from RM10,000 to RM6,000, while for the agriculture and plantation sectors, the levy will be lowered from RM3,500 to RM2,000.

“The government is concerned about the challenges faced by businesses and industries in a global situation that is facing uncertainties,” said Lim in a statement on Saturday (Feb 23). 

There is no change in the levy fees for domestic workers.

In the 2019 Budget, the government allowed employers to extend the services of workers who have worked for more than 10 years for another three years, although employers have to pay the fees.


Read more at https://www.thestar.com.my/news/nation/2019/02/23/lge-extension-levy-fees-for-foreign-workers-lowered-from-march/ 

 

Share this

  Patrick13 likes this.
 
tm9999 Will affect myeg?
23/02/2019 4:47 PM
speakup LGE Nobita loves the bangla man, the indon man, the cambodian man
23/02/2019 11:20 PM


 

715  145  465  678 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 XOX 0.06+0.01 
 AVI 0.16+0.005 
 SAPNRG 0.225-0.005 
 HSI-C7V 0.265+0.01 
 DGB 0.055+0.01 
 MYEG 1.23+0.01 
 MTOUCHE 0.160.00 
 XDL 0.1650.00 
 KRONO 0.765-0.055 
 PWRWELL 0.375+0.02 

TOP ARTICLES

1. Rgtech - Superb Growth Tech stock incoming!!!! share4u_2020
2. How Mahathir Killed 3 Birds With One Stone : Out-Smarted Everyone & Out-Moved Everyone – Anwar , DAP & Amanah Checkmated save malaysia!!!
3. New Twist : Azmin To Lose His Head, Muhyiddin Yassin Also At Risk By Syed Akbar Ali save malaysia!!!
4. Dr Mahathir - The crooks, kleptocrats, the OKTs and the generally corrupt are not welcome By KADIR JASIN save malaysia!!!
5. Icon Offshore , My Idol OOI TEK BEE 2020 Speculation! JUST HOOT DON'T ASK sinapore
6. Malaysia's Meltdown Moment - The INSIDE STORY by Sarawak Report save malaysia!!!
7. CMO: Sarawak CM never made any agreement with Umno, PAS to form federal government save malaysia!!!
8. Langsung dari Istana Negara - Agong to interview each MP to determine who commands majority save malaysia!!!
Partners & Brokers