PTPTN: Closing Repayment Loopholes Via Salary Deduction From Jan 2019
34 views · Published 5 December 2018 · 1:45 · Indexed 17 October 2026
Channel: 7Edition · 2018 · News & Politics
The National Higher Education Fund Corporation (PTPTN) borrowers earning more than RM2,000 a month will no longer be able to escape repayment once the scheduled salary deduction (PGB) is implemented this January. The scheme will emulate the Inland Revenue Board, IRB's monthly tax deduction (PCB) system in which PTPTN will be in direct contact with employers who will then be responsible for mandatory salary deductions.
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