Amendments and Expansion of the Pembangunan Sumber Manusia Berhad Act 2001
The Human Resources Development Fund (HRDF) is expanding the coverage of the Pembangunan Sumber Manusia Berhad (PSMB) Act 2001, with effect from April 1, by streamlining its eligibility criteria to Malaysian employers across all sub-sectors within the manufacturing, services, mining and quarrying sectors that employ a minimum of ten local employees.
PSMB Act, 2001 stipulates that there shall be paid by every employer to whom the PSMB Act, 2001 applies, a HRD levy in respect of each of his employees at the rate of one per cent (1%) of the monthly wage of the employee.
The amendments of the Act includes an additional coverage of Optional Category for employers with 5 to 9 Malaysian employees across the 3 sectors under the PSMB Act 2001(HRD levy=0.5% of the monthly wage of the employee) and the abolishment of paid-up capital requirement for Manufacturing and Mining & Quarrying sector.
Employers covered by the PSMB Act 2001 are required to complete the Employer Registration Form (Form 1) and Employer Information Form (Form 1A).
These forms can be downloaded via HRDF’s official website:
Are you one of the liable employers? Find out now!
The making or processing of an article by labour or machine or both, including the transformation of parts or components into another article of a different nature or character by way of altering, blending, ornamenting, finishing or otherwise treating or adapting any article or substance with a view to its use, sale, transport, delivery Or disposal, including the building of a ship or the assembly of parts of a ship.
Power (Energy), Gas, Steam And Air-Conditioning Supply, Water Treatment And Supply; Waste Management And Material Recovery Services, Sale And Repair Of Motor Vehicles, Hypermarket/Supermarket/Departmental Store, Direct Selling, Shipping, Land Transport, Air Transport, Bonded Warehouse, Port Services, Freight Forwarder, Hotel Industry, Food And Beverage Services, Production Of Motion Picture, Video And Television Programme, Sound Recording And Music Publishing, Telecommunication, Computer Industry, Information Service, Engineering Support & Maintenance, Postal, Private Broadcasting Services, Research & Development, Advertising, Veterinary Services, Franchise, Travel Agency, Railway Services, Security Firms, Building And Landscape Services, Event Management Services, Early Childhood Education, Private Institution Of Higher Learning, Driving School, Training Provider, Private Hospital, Health Support. Services, Sewerage
MINING AND QUARRYING
Mining and quarrying, that is, any business or activity involving the process of extracting minerals occurring naturally as solid, liquid or gas which includes:
- Mining of hard coal and lignite (brown coal), iron ores, non-ferrous metal ores, or chemical and fertilizer minerals;
- Mining or quarrying of abrasive materials, asbestos, siliceous fossil meals, natural graphite, steatite (talc), gemstones, natural asphalt, asphaltites and asphaltic rock, natural solid bitumen, quartz and mica;
Extraction of crude petroleum oils, bituminous or oil shale and tar sand, natural gas, condensates, liquid hydrocarbon, methane, ethane, butane or propane;
- Extraction and agglomeration of peat soil and salt, including -extraction of salt by evaporation of sea water or other saline water;
- Quarrying of stone, sand and clay; or
- Mining or quarrying specialized support services provided on fee or contract basis.
PEMBANGUNAN SUMBER MANUSIA BERHAD
Wisma HRDF, Jln Beringin,
50490 Kuala Lumpur
PSMB CONTACT CENTRE: 1800-88-4800
Fax: 03-2096 4999
Level 4, Lot 436, Section 54, No. 52
Travilion Commercial Centre Padungan
93100 Kuching, Sarawak MALAYSIA
Tel: 082 – 254721 / 254564
Fax: 082 – 254795
Cik Tuty Binti Bujang
Posted Date: 24 Mar 2017