Human Resources Development Fund (HRDF)

What is HRDF?

What is HRDF? The Human Resources Development Fund (HRDF) was established under the legal requirements of the Human Resources Development Act 1992 ( currently known as Pembangunan Sumber Manusia Berhad Act 2001(PSMB)). The PSMB Act, 2001 is to provide for the imposition and collection of a human resources development levy for the purpose of promoting…

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Income Exempt From Tax in Malaysia

Income Exempt From Tax in Malaysia

Studying the Basics of Income Exempt From Tax in Malaysia In every country, the government and regulators are collecting some form of financial charge called tax from taxpayers, including businesses. Why? Such funds are channelled to government spending and different public expenditures to keep the country running and progressing. However, as a business, you would…

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Other Tax Duties in Malaysia

Other Tax Duties in Malaysia

What Are the Other Tax Duties in Malaysia? Government entities and regulators impose and enforce a tax regime so they can finance projects and activities aimed to develop and improve the lives of their citizens. These involuntary fees are levied on individuals or corporations and depend on local, regional, or even national. If we look…

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