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Malaysia Provides New Support Package for COVID-19

|Approved Changes|Malaysia
Malaysia

Malaysia's Prime Minister announced a new COVID-19 relief package on 28 June 2021, the People's Protection and Economic Recovery Package (PEMULIH). While the package mainly includes funding in different areas and financial assistance for individuals, certain tax-related measures for businesses are provided. This includes a further two-month exemption from the monthly Human Resources Development Fund (HRDF) levy that will be given automatically to employers that are unable to operate during t…

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