Levy | Terms | Knowledge Base

Terms
Definition of Grant Balance
Grant Balance is your projection of your last levy payment 6 months ahead plus levy balance and minus approved requested grant amount. The calculation on the grant balance as per table below;
Definition of Levy Balance
Levy Balance refers to actual levy amount in employer's account which is contribution minus reimbursement.

Popular Articles
Levy Calculation Guideline
Section 2 of the PSMB Act 2001 Employee Any citizen of Malaysia who is employed for wages under a contract of service (under full-time employment whether contract or permanent staff) with an employer, but does not include any domestic servant. If the ...
E-Disbursement Application
• Introduced to employers and training providers in 2003. • Reimbursement of training grants through direct credit to employer’s bank account. • A secure and fast method of payment. • A solution for unpresented cheques to employers. • Training grant ...
Levy Forfeiture
Section 25 of the PSMB Act 2001 If an employer does not make any claims against the Fund within such period as may be determined by the Board from the date of its registration with the Corporation or from the date of the last financial assistance or ...
Levy Arrears - Form 3 Schedule of Arrears
Employer circular 08/2015 - Employers have to fill up form 3 before make payment for arrears payment. The process days will take 3 working days and will notify through the “inbox” in Etris System. NOTE: please check Form 3 status ...
Steps To Submit HRD Corp Claim For Employers - Skim Bantuan Latihan (SBL) and Skim Latihan Bersama (SLB)
Note: Claims need to be submitted by employers after the approval of grants and training completion. Effective 1st August 2019, training claims must be submitted within six (6) months after training completion. For Exception to HRD Corp Claimable ...

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