Fund Investment Corner v3, Funds101
|
|
 Dec 7 2020, 09:12 AM
Return to original view | IPv6 | Post
#1
|
 
Junior Member
664 posts Joined: Oct 2017 
|
I have been wondering, though I don't need the epf withdrawal, can I withdraw, put it in fd for say 8 9 months, then pump back into epf account consider it as self contribution to reduce tax.
I need to have support doc to withdraw right? This post has been edited by littlegamer: Dec 7 2020, 09:13 AM |
|
|
Dec 7 2020, 11:03 AM
Return to original view | IPv6 | Post
#2
|
|
Junior Member
664 posts Joined: Oct 2017
|
QUOTE(MUM @ Dec 7 2020, 09:31 AM) if you falls under Cat 1...no document needed... Thanks for the explanation. Will look into this. Good share.“Those under this category don’t have to provide supporting documents as the approval is automatic based on EPF’s internal data." if falls under Cat 2.....can only be verified through supporting documents. https://www.malaymail.com/news/malaysia/202...drawals/1928270 on this ...."then pump back into epf account consider it as self contribution to reduce tax." only if you have not fulfilled your EPF tax relief claim quota from your existing income.... and if also qualified for PRS & SSPN.....then more tax reduced   |
| Change to: |  0.0188sec
 0.49
 7 queries
 GZIP Disabled
Time is now: 10th December 2025 - 08:28 PM |
Quote