EPF pays out RM708mil govt additional contribution incentive

KUALA LUMPUR: The Employees Provident Fund (EPF) today announced the disbursement of a RM708mil Government Additional Contribution incentive to its 1.4 million members aged between 40 and under 55. The incentive was allocated to individuals with EPF savings of RM10,000 and below in their Account 1 as of Feb 24, 2023, it said in a statement. "The...

EPF pays out RM708mil govt additional contribution incentive

KUALA LUMPUR: The Employees Provident Fund (EPF) today announced the disbursement of a RM708mil Government Additional Contribution incentive to its 1.4 million members aged between 40 and under 55. The incentive was allocated to individuals with EPF savings of RM10,000 and below in their Account 1 as of Feb 24, 2023, it said in a statement. "The...

Ministries have just over a month to spend Budget 2023 allocations, says Ahmad

PONTIAN: All 26 ministries have about one month and a week left to spend every penny of the allocation channelled to them from Budget 2023, says Deputy Finance Minister Datuk Seri Ahmad Maslan. He added as of Thursday (Nov 23), the 26 ministries have already spent up to 82% for development expenditure and 92% for operating...

Dr Wee questions why only RM565mil available to maintain 10,000 schools next year

KUALA LUMPUR: Datuk Seri Dr Wee Ka Siong has questioned discrepancies in the RM1bil allocation in Budget 2024 meant to maintain 10,000 schools nationwide. The Ayer Hitam MP pointed out only RM565mil was available to maintain all types of national schools, Tamil, Chinese and other schools. “Why did Budget 2024 mention RM1bil allocation for the maintenance of...