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[COLUMNIST] How e-Invoicing will benefit the public

[COLUMNIST] How e-Invoicing will benefit the public

e-Invoicing by IRBM results in the tax authority having a real time digital record of transactions, ensuring "compliance by design".
Thu Jun 06 2024
North Korea aims to switch to solid-fuel missiles for faster launches

North Korea aims to switch to solid-fuel missiles for faster launches

North Korea is developing missiles and nuclear weapons undeterred by sanctions in the wake of UN Security Council bans.
Wed Apr 03 2024
North Korea fires ballistic missiles after condemning UN meeting, US drills

North Korea fires ballistic missiles after condemning UN meeting, US drills

North Korea fires two short-range ballistic missiles into the sea in the direction of Japan.
Thu Oct 06 2022
South Korea, US fire missiles into the sea to protest 'reckless' North Korea test

South Korea, US fire missiles into the sea to protest 'reckless' North Korea test

South Korea and the US military conducted rare missile drills and an American supercarrier repositioned east of North Korea.
Wed Oct 05 2022
IRBM able to address revenue leakages under bill amendments

IRBM able to address revenue leakages under bill amendments

The IRBM is able to address the issues of revenue leakages through the introduction of a new provision under the amendments in the Finance Bill 2021.
Fri Jun 03 2022
North Korea says tested Hwasong-12 missile, took pictures from space

North Korea says tested Hwasong-12 missile, took pictures from space

US and South Korean officials warned Sunday's launch could lead to resumed testing of long-range weapons and nuclear bombs.
Mon Jan 31 2022
US THAAD missile defences hit test target as North Korea tension rises

US THAAD missile defences hit test target as North Korea tension rises

The United States said on Tuesday it shot down a simulated, incoming intermediate-range ballistic missile (IRBM) similar to the ones being developed by countries like North Korea.
Wed Jul 12 2017
Submit Form B by July 15 to avoid penalty, says IRBM

Submit Form B by July 15 to avoid penalty, says IRBM

IRBM said only five days were left for taxpayers to submit their returns.
Tue Jul 11 2017
E-filing for 2016 assessment may be submitted from March 1

E-filing for 2016 assessment may be submitted from March 1

Taxpayers may submit their E, BE, B, BT, P, M, MT and TF income tax return forms (ITRF) for Year of Assessment 2016 via e-Filing from March 1.
Wed Feb 22 2017
IRBM collects more than RM114 bln in direct taxes for 2016

IRBM collects more than RM114 bln in direct taxes for 2016

The amount collected is also less than the RM115 billion targeted for the year following the weak economy, as well as fall in global oil prices.
Mon Jan 16 2017
Flood: Temporary closure of Hulu Terengganu Inland Revenue Board

Flood: Temporary closure of Hulu Terengganu Inland Revenue Board

Inland Revenue Board of Malaysia (IRBM) would like to inform that the Hulu Terengganu Revenue Service Centre in Terengganu was hit by floods today.
Wed Jan 04 2017
5 benefits for Malaysians who file their income tax early

5 benefits for Malaysians who file their income tax early

Waiting till the last minute to file your taxes with the IRB can put you under tremendous pressure. So why procrastinate?
Wed Apr 13 2016
More taxpayers file income tax returns via e-filing - IRBM

More taxpayers file income tax returns via e-filing - IRBM

The Inland Revenue Board of Malaysia (IRBM) in a statement, express its gratitude to all taxpayers who have rendered their Income Tax Return Form (ITRF) for Year Assessment 2013.
Fri May 16 2014
IRBM considers compulsory e-filing for individuals

IRBM considers compulsory e-filing for individuals

The Inland Revenue Board of Malaysia is considering compulsory e-Filing for individual tax payers in the next four years.
Thu Mar 27 2014
Budget 2025: Record increase in STR, SARA aid initiatives

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

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

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

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

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

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

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

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

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
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024