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Legislative Update for PeopleSoft HCM Global Payroll Malaysia

By: Paul Smit | Director Product Management

In the wake of annual legislative changes, the Government of Malaysia has proposed changes to the existing income tax rates benefiting the middle income group. Also a reduction of the EPF rate, which was effective from March 2016 ends in December 2017 reverting it back to its original rate.

Details of these legislative changes along with information on the new Employment Insurance System bill is now available in the Position Statement on My Oracle Support under the Document ID 2220581.1.

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