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Article Related To income tax

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Court rejects Najib and son's bid to stay bankruptcy proceedings

Court rejects Najib and son's bid to stay bankruptcy proceedings

Today's decision was to stay the bankruptcy proceedings to allow the Special Commissioners of Income Tax (SCIT) hearing to go on first.
Mon Jul 29 2024
Check travel restriction status before travelling abroad - IRB

Check travel restriction status before travelling abroad - IRB

If taxpayers have tax arrears records and are subject to travel restrictions, they are requested to make a payment or contact IRB office.
Fri Feb 09 2024
Take opportunity to voluntarily declare income before SVDP 2.0 ends - CTIM

Take opportunity to voluntarily declare income before SVDP 2.0 ends - CTIM

Those who voluntarily come forward during the SVDP 2.0 period would not face any legal actions such as penalties and audit examinations.
Tue Jan 23 2024
Court orders lawyer Muhammad Shafee to pay more than RM5.5 million in income tax arrears

Court orders lawyer Muhammad Shafee to pay more than RM5.5 million in income tax arrears

The prosecution initially appealed against the court's decision, but withdrew it on Dec 5.
Thu Dec 21 2023
Shafee, IRB to settle RM9.41 mln income tax suit

Shafee, IRB to settle RM9.41 mln income tax suit

The court was scheduled to hear IRB's application for a summary judgment against Tan Sri Muhammad Shafee Abdullah today.
Mon Dec 04 2023
Dewan Rakyat approves Finance Bill

Dewan Rakyat approves Finance Bill

Steven Sim said the bill aims to improve direct income tax and indirect tax that needs the amendment to related acts.
Tue Nov 28 2023
No provision in Income Tax Act prevents prosecution against Rosmah - DPP

No provision in Income Tax Act prevents prosecution against Rosmah - DPP

DPP Poh Yih Tinn said the claim by Datin Seri Rosmah Mansor that the court had taken over the functions of the SCIT was baseless.
Thu Sep 21 2023
White House says there is no possibility Biden would pardon his son

White House says there is no possibility Biden would pardon his son

Hunter Biden is facing charges of failing to pay taxes on more than $1.5 million in income in 2017 and 2018.
Fri Jul 28 2023
Singer Shakira faces new probe over alleged tax fraud in Spain

Singer Shakira faces new probe over alleged tax fraud in Spain

Colombian singer Shakira, dubbed the Queen of Latin pop, is to be investigated for alleged fraud on income and wealth tax in 2018.
Fri Jul 21 2023
MOF is not proposing to grant income tax relief for B40, M40 OKU for vehicle purchase

MOF is not proposing to grant income tax relief for B40, M40 OKU for vehicle purchase

Steven Sim Chee Keong said the existing tax relief is seen as sufficient to ease the burden of the disabled for the B40 and M40 categories.
Thu Jun 22 2023
India's income tax department searches BBC offices - Sources

India's income tax department searches BBC offices - Sources

This comes weeks after the govt came down hard against a BBC documentary critical of PM Narendra Modi's role in the 2002 Gujarat riots.
Tue Feb 14 2023
March 13 set for Najib, son's income tax appeal hearing in Federal Court

March 13 set for Najib, son's income tax appeal hearing in Federal Court

Najib Razak and his son Mohd Nazifuddin's appeals against the summary judgments entered against them over income tax arrears will be heard by the Federal Court on March 13.
Tue Jan 17 2023
Trump paid no income tax in 2020, reported losses in office, records show

Trump paid no income tax in 2020, reported losses in office, records show

The records released show that Trump's income and his tax liability fluctuated dramatically during his four years in the White House.
Thu Dec 22 2022
Another case management in Najib, Nazifuddin's tax arrears appeals fixed for Jan 17 next year

Another case management in Najib, Nazifuddin's tax arrears appeals fixed for Jan 17 next year

Najib Razak and his son Mohd Nazifuddin's appeals against the summary judgments entered against them over income tax arrears are fixed for another case management on Jan 17 next year.
Mon Nov 21 2022
M40: Individual tax reduced by 2.0 pct

M40: Individual tax reduced by 2.0 pct

Tengku Zafrul said for taxable incomes between RM50,000 and RM70,000 per annum, the tax rate will be lowered from 13 pct to 11 pct.
Fri Oct 07 2022
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024