Special 15% Donation for Program Latihan Madani (PLM) from your HRDC Levy
Are you in for it?
As announced by Prime Minister in Budget 2024, there will be 15% Deduction from Your Company’s HRDC Levy Collection Year 2023 for contributing to this Special Donation for PLM.
However, to avoid being qualified for this one-off 15% Special Donation, kindly utilise the Levy more than 50% from the amount of Levy Collected by 30.6.2024.
GOOD NEWS! (Grace Period until 30.6.2024)
However, there is Grace Period granted from 1.1.2024 to 30.6.2024, that is if utilising more than 50% from the amount of Levy Collected from 1.1.2023 until 30.6.2024, then NO 15% will be contributed towards PLM.
If by the end of 30.6.2024, the ACTUAL UTILISATION is more than 50% from the total collected amount from period (1.1.2023 – 30.6.2024).
Hence, NO 15% will be contributed towards PLM.
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Reference: HRDC portal
