LHDN Best Tax Payer Award 2023

Legit story - LHDN has this award for corporate tax payers.

Apart from paying the highest taxes, these winners there are other criteria such as having no tax audit issues in the most recent 4 years of assessment.

Below are the 10 pembayar…

Best Fixed Deposit Rates (May 2024):

i) Affin Bank: 3.75% pa, 12 months, min. RM10,000

ii) Public Bank: 3.70% pa, 12 months, min. RM5,000

iii) CIMB: 3.70% pa, 7 months, min. RM1,000

iv) RHB: 3.70% pa, 9 months, min. RM1,000

v) Hong Leong: 3.65% pa, 6 months, min. RM1,000…

To earn RM100/month (or RM3.23/day), you would need to have at least RM31,000 in Rize.

Rize’s current payout is 3.8% pa, but this promo will expire on 30 June. ⚠️

✅ Shariah compliant
✅ Protected by PIDM
✅ 3.8% pa on any amount
✅ Deposit and withdraw instantly with DuitNow…

From Highest to Lowest:

1. Petronas: RM4,000-RM7,000
Industry: Oil & Gas 🛢️
Location: Sabah, Sarawak, KL.

2. Texas Instruments: RM4,300-RM5,000
Industry: Semiconductor 💻
Location: KL, Melaka, Penang.

3. Intel Corporation: RM4,000-RM5,000
Industry: Semiconductor & Circuits 💻…

Now that EPF has to keep 10% of their funds liquid, what impacts might this have on future returns?

Listen to discussion live:

EPF announced that dividends for Account 3 will be same as Acc 1 and 2.

Listen from financial experts Hann and Sani as we discuss what it means for members:
x.com/TheFuturizts/s…

twitter.com/i/spaces/1DXGy…

Starting later at 9 pm!

Set a reminder here:
twitter.com/i/spaces/1ynKO…

EPF Account 3 is expected to go live on 11 May.

Everyone below the age of 55 will have their funds restructured to the 75/15/10 ratio.

• So what does this mean for you?

• How will it impact your retirement?

• Could this be the go-to place to store your emergency savings?…

“The poor will use it to go for holiday” is a harsh statement from us.

We would like to apologize for that. 😅

Our intention was not to criticize B40s.

What we meant was those who decide to use the 10% to splurge on unnecessary things are sacrificing their future welfare. ⚠️…

How long does it take for RM10,000 in ASB to become RM20,000?

With an average return of 5% pa and assuming no capital is added,

it will take 14.4 years for your current balance in ASB to double itself.

Note that this is BEFORE inflation and Zakat payments.

If we factor these…

GXBank is great if you’re looking for decent interest and 1% cashback on most of your expenses.

But it is not Shariah-compliant.

Here are a few alternatives you can consider:

i) Versa Cash-i: 4% pa (expires in May)
ii) StashAway Simple: 3.6% pa (daily payout)
iii) Rize: 3.8%…

You have the option to transfer money from Akaun Sejahtera (Akaun 2) to Akaun Fleksibel (Akaun 3) between 11 May-31 August 2024

Balances under RM1k in Akaun Sejahtera: All can be transferred to Akaun Fleksibel

Balances between RM1k-3k in Akaun Sejahtera: Max RM1k transfer to…