The minimum condition of the number of high value job, annual operating expenditure and the number of key post for renewal of the tax incentive for the second 5 years be relaxed.
When you want to do your tax filing, you are utterly confused on how to split the different components riders and their corresponding premiums into the 2 categories of insurance tax reliefs 3,000 + 3,000 The answer lies in the table below: Life insurance You can claim income tax relief for life insurance premiums on your own life or the life of your spouse.
In addition to that, according to our Finance Minister, there will be an extension of the EPF minimum contribution rate from 11% to 9% until June 2022.