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Article Related To income tax

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66,000 e-commerce businesses lack tax payment compliance, reporting records - IRB

66,000 e-commerce businesses lack tax payment compliance, reporting records - IRB

The IRB says it detected this through e-invoices, which include details of individuals and companies operating on e-commerce platforms.
Tue Mar 04 2025
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
Trump pauses all US military aid to Ukraine after clash with Zelenskiy

Trump pauses all US military aid to Ukraine after clash with Zelenskiy

Military experts say it could take time for the impact of missing US aid to be felt on the battlefield.
Tue Mar 04 2025
Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera'

Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera'

The big unanswered question in Gaza negotiations is who will govern the enclave after 15 months of Israel's war with Hamas.
Tue Mar 04 2025
I was not Najib's proxy - Ex-1MDB chairman

I was not Najib's proxy - Ex-1MDB chairman

Che Lodin says he had known Najib for nearly 50 years, their relationship remained strictly professional.
Tue Mar 04 2025
Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

China retaliates with tariffs on US goods, while Canada and Mexico announces countermeasures targeting key American industries.
Tue Mar 04 2025
[COLUMNIST] Closing the gaps: Comprehensive P/CVE toolbox

[COLUMNIST] Closing the gaps: Comprehensive P/CVE toolbox

The seeds of radicalisation can sprout anywherein classrooms, on social media, or within communities.
Tue Mar 04 2025
Thousands of wild horses shot dead from helicopters in Australia

Thousands of wild horses shot dead from helicopters in Australia

This is part of a controversial plan to cull them to protect the environment.
Tue Mar 04 2025
Trump locks in Canada, Mexico tariffs to launch on Tuesday; stocks tumble

Trump locks in Canada, Mexico tariffs to launch on Tuesday; stocks tumble

Trump says there was "no room left" for a deal that would avert the tariffs by curbing fentanyl flows into the United States.
Tue Mar 04 2025
Trump and TSMC announce $100 billion plan to build five new US factories

Trump and TSMC announce $100 billion plan to build five new US factories

Taiwan Semiconductor Manufacturing Co, is the world's largest contract chipmaker and a leading supplier to major US hardware manufacturers.
Tue Mar 04 2025
Gig economy platforms welcome refinements to Malaysia’s Gig Workers Bill

Gig economy platforms welcome refinements to Malaysia’s Gig Workers Bill

As the definition of work evolves, the gig economy becomes increasingly vital to a thriving digital nation.
Tue Mar 04 2025
EPF: Govt does not intend to compel Muslims to contribute to syariah savings - PM

EPF: Govt does not intend to compel Muslims to contribute to syariah savings - PM

The series of incentives and explanations by EPF aim to increase the number of contributors to Syariah savings, says PM Anwar.
Tue Mar 04 2025