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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024