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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
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024
Judge tosses Trump 2020 election case after prosecutors' request

Judge tosses Trump 2020 election case after prosecutors' request

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
Tue Nov 26 2024
DHL plane crash in Lithuania leaves authorities searching for answers

DHL plane crash in Lithuania leaves authorities searching for answers

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
Tue Nov 26 2024
National squad to hold friendly matches for 2025 Indoor Hockey World Cup

National squad to hold friendly matches for 2025 Indoor Hockey World Cup

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
Tue Nov 26 2024
G7 seeks unity on ICC arrest warrant for Netanyahu

G7 seeks unity on ICC arrest warrant for Netanyahu

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Tue Nov 26 2024