Wednesday, November 19, 2008

The EPF Deduction.....

The agency is at it again......let us do the math together, the EPF will deduct 3% of its contribution to the employee account so that it could cushion us during the period of recession. On average, let us set the basic income at RM 3,000 per month....meaning you'll have a take home income of RM2,760 instead of RM 2,670....an additional of RM90.00. How thoughtful.....What can you do with the additional RM90.00???




* Awaiting the wave that never came.........


With the additional income we are now safe from the global recession......RM90.00 Don't play play...hail the genius who came out with such a ingenious idea.....with the additional 3% added to your take home income, you're now liable to be taxed by the IRB.......hahaha this is what I call, LP,PL (Lam Pa, Pa Lan)......Lesson to learn here is: If you're not smart enough, proposing a solution will just make you look like a fool....



* Most of the time Malaysians will complain and protest when the petrol price increases a little. Be it 10, 20 or 50 cents.......Hard to survive, things getting expensive, inflation is killing the consumers and all sorts of other stories.....but they never complain when they buy a cup of coffee for RM10.00 from Starbucks/CoffeeBean or spend hours investing in cyber cafes......think about it....hehehe....

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