Blog: What is the outcome for our tax payment after EPF contribution less 3% ?

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1 comment(s). Last comment by Bursa FreeMan 2016-02-01 21:35

Bursa FreeMan

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Posted by Bursa FreeMan > 2016-02-01 21:35 | Report Abuse

The RM6000 tax deduction for EPF is not purely for EPF contribution. Those RM6000 include both EPF contribution and life insurance.
In other words, that person in Case B might be paying the same income tax if he has another amount from life insurance.

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