US EditionSocso amnesty saves industry RM100 mln in late payment charges
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Socso amnesty saves industry RM100 mln in late payment charges
KUALA LUMPUR, May 17 —The industry has saved RM100 million through the waiver of compounds and late payment charges under the Social Security Organisation (Socso) Amnesty Programme from April 1-30, 2025, said the Malaysian Employers Federation (MEF). The amnesty, which has been extended to May 31, 2025, allows employers to settle outstanding Socso contributions without incurring any penalty, compound, or late penalty charges. The MEF also reveal…
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