E-invoicing will be implemented in 1H 2024 - LHDN
Datuk Dr Mohd Nizom Sairi it will also address the revenue leakage issue resulting from the shadow economy.
Tue Aug 01 2023
IRB expects Budget 2023 to focus on helping businesses, taxpayers
The IRB is expecting Budget 2023 to focus more on helping businesses and individual taxpayers, given that the country is in the midst of an economic recovery.
Wed Sep 21 2022
IRB: Tax breaks to MNCs no longer appealing
Offering tax breaks to multinational corporations (MNCs) will no longer be appealing in attracting them to Malaysia, said the Inland Revenue Board (IRB).
Tue Aug 02 2022
Malaysia agrees to implement global minimum tax on multinational companies
Mohd Nizom said the implementation of the tax system is to make sure business entities pay their taxes fairly to the host countries.
Mon Aug 01 2022
RM139.3 bln revenue projection from 2022 direct taxes achievable, says IRB CEO
The projected revenue from direct taxes of approximately RM139.3 billion in 2022 is a realistic, reasonable, as well as an achievable target.
Tue Nov 23 2021
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
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