Budget 2020: Women reentering workforce to enjoy RM500 incentive, income tax exemptions until 2023

Published on 11 Oct 2019 7:11:11 PM

Under Budget 2020, the Women@Work initiative aims to create 33,000 job opportunities a year for women between the ages of 30 and 50 who have stopped working for a year or more.

Women who return to work will be given a salary incentive of RM500 a month for two years, while the employer will be given monthly incentive of RM300 in the same time period.

Income tax exemptions for women returning to work will be extended for another four years until 2023.