PETALING JAYA: Couples looking to try in-vitro fertilisation (IVF) may withdraw from their Employees Provident Fund (EPF) to fund the procedure. Finance Minister Lim Guan Eng said this during his Budget 2020 speech at Parliament on Friday (Oct 11). "Therefore, to assist couples seeking fertility treatment, EPF will introduce a new category of withdrawals, allowing for fertility treatment such as in-vitro fertilisation (IVF) procedure," he said. Lim also added that income tax relief of up to RM6,000 given on expenses incurred for medical treatment of serious illnesses will be expanded to include expenses incurred on fertility treatment. Related stories:KLCI ends week on a rally, oil prices soar on disruption fearsHighlights of Budget 2020 proposalsBudget 2020: Green tax exemptions extended to 2023

Source: The Star October 11, 2019 09:56 UTC