fbpx
Connect with us

News

Tax Exemption Guaranteed For Employers Who Repay Employees’ PTPTN Loans

maisurah-rahim-world-of-buzz

Published

Employers-Who-Help-Pay-Employees-Ptptn-Receive-Tax-Exemption-World-Of-Buzz
Source: TheStar&RAU

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

According to Free Malaysia Today, the National Higher Education Fund Corporation or PTPTN received RM383,285.91 from 15 companies paying for their employees’ education loans last year. The money collected is equal to the amount needed to fund the schooling of 30 future students.

PTPTN’s Chairman Wan Saiful Wan Jan told the media that these 15 employers who paid for their employees’ education loans will receive a tax exemption.

Tax Exemption Guaranteed For Employers Who Pay For Their Employees' Ptptn - World Of Buzz

Source: mstar

Wan Saiful Wan Jan also added, “This is an incentive that employers should take advantage of this year as the tax exemption is not applicable easily. This should be good news to employers as this incentive is in force until 2021.”

This incentive was first introduced by the government during Budget 2019. Therefore, the chairman advised employers to take this opportunity to help their employees.

Wan Saiful said, “We know some students are incapable of paying for their education fund, and we encourage employers to help ease their burden as they may have some profit in their businesses to help the youths.”

 

Also read: Minister of Education Dr Maszlee Bin Malik Allegedly Resigned From Cabinet

Minister Of Education, Dr Maszlee Bin Malik Has Allegedly Resigned From Cabinet - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Feat-Image-Ganu-Dun-3 Feat-Image-Ganu-Dun-3
News2 months ago

Did You Know: The Terengganu Exco For Women’s Affairs is a Man & No Female Ever Held The Position

Despite women making up the majority of registered voters in Malaysia with 10,622,151 or 50.3% in the 15th General Election...

Collage-18-52 Collage-18-52
News2 months ago

SG Driver Smashes M’sian Driver’s Rear Window With Golf Club on Expressway, PDRM Investigates

Driving is sometimes about patience, especially when you encounter a situation that grinds your gears but there is never a...

Poop-On-Everest Poop-On-Everest
News2 months ago

Mount Everest Climbers Will Now Need to Buy Poo Bags & Bring Their Faeces Back When Descending

Scaling mountains means that an individual has limited things that they can bring and will be in nature for the...

Fireworks-Cannot-After-Midnight-1 Fireworks-Cannot-After-Midnight-1
News2 months ago

PDRM: Public Advised Not to Play With Fireworks After 12am or Risk Facing Action

As with all festivities, firecrackers are a hot item, and many love to play with them, especially at night. PDRM...

Collage-3-155 Collage-3-155
News2 months ago

KTMB Introduces Open Payment System at 80 Stations via Apple Pay, Debit Cards & More!

Keretapi Tanah Melayu Berhad (KTMB) Komuter is gearing up to introduce support for the open payment system across 80 stations...

My-Post-1-2024-02-09T151501-148 My-Post-1-2024-02-09T151501-148
News2 months ago

This M’sian-Owned London Megastructure Has Been Named Among World’s Best Cultural Spots!

National Geographic recently released its newly expanded Best of the World 2024 guide that shares superlative experiences, hotels, restaurants, and...

Collage-1594 Collage-1594
News2 months ago

Cheras Man Bags Nearly RM11 Million Jackpot for Magnum 4D With Lucky Numbers 7474 & 3964

You’ll never know what luck awaits you and if it’s yours, it’ll be yours no matter where you go. A...

My-Post-1-2024-02-09T124559-609 My-Post-1-2024-02-09T124559-609
News2 months ago

Pet Dog in Penang Dies After an Alleged Drunk Person Slashed it Because it Apparently Bit Them

Disclaimer: Graphic content. Viewer discretion is advised. Being a dog owner can be a tricky situation. You have to train...

Announcement

Latest Videos



TRENDING TODAY