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Sunday, December 23, 2012
Wednesday, December 5, 2012
Malaysia Private Retirement Scheme
Frequently Asked Question on PRS :
http://www.sc.com.my/main.asp?pageid=1156&menuid=1038&newsid=&linkid=&type=
Private Retirement Scheme, manage by private sector , not government.
As announced in Budget 2012:
http://www.sc.com.my/main.asp?pageid=1156&menuid=1038&newsid=&linkid=&type=
Private Retirement Scheme, manage by private sector , not government.
As announced in Budget 2012:
- personal tax relief up to RM3000 per annum will be given for an individual's contribution to the PRS; and
- employers will also be given tax deduction on contributions to PRS made on behalf of their employees of up to 19% of the employees' remuneration.
One of the world leader in private pension scheme- Manulife Asset Management |
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