<br />Prime Minister Datuk Seri Anwar Ibrahim has announced that the government plans to mandate Employees Provident Fund (EPF) contributions for all non-citizen workers, with the proposal to be implemented in phases.<br /><br />During the tabling of Budget 2025 on Friday (Oct 18), Anwar highlighted the need to prepare for Malaysia’s ageing population, noting that EPF is strengthening its intergenerational transfer approach. <br /><br />He also stated that the government intends to extend tax relief on individual contributions to Private Retirement Schemes and deferred annuity premiums until the 2030 assessment year.<br /><br />Read more at https://shorturl.at/wTcxb<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
