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Monthly Archives: August 2010
How to Calculate Our SOCSO?
As everybody known, SOCSO is just like a general insurance for employees; made compulsory by the government. However, you won’t get it back at the later stage as EPF does. Do you know how to calculate it? SOCSO contribution is … Continue reading
Posted in Finance Tips
Tagged Employee SOCSO, Employer SOCSO, SOCSO calculation, SOCSO Contribution, SOCSO Deduction, SOCSO Table
6 Comments
How To Calculate Your EPF Dividend?
As everybody known, the Employees Provident Fund (EPF) declared 5.65% of dividend for the financial year 2009. In order to be smart and calculative in personal finance matters, understanding the calculation of EPF dividend is an essential part of the … Continue reading
50% Stamp Duty Waiver For House Purchased
Now I only realize that there’ll have 50% stamp duty exemption on transfer for the purchasing house which costing not more than RM250,000. This stamp duty will be charged on any loan agreement that is executed between buyer and bank. … Continue reading
Posted in Property
Tagged 50% discount on stamp duty, 50% stamp duty exemption, 50% stamp duty waiver
8 Comments
Can Seller Cancel A Property Deal After Receiving Booking Fee?
I am wondering whether seller has the right to cancel a property deal after receiving the booking fee from the buyer. This may happen as seller found higher offer later on. Generally speaking, the seller can’t do that. A booking … Continue reading
Difference Between MRTA vs MLTA
Basically, both are the Mortgage Life Insurances which pay off the outstanding loan balance in the event that the borrower dies or suffers from total and permanent disability before the loan is fully settled. MRTA known as Mortgage Reducing Term … Continue reading