IRB: govt's target RM143.9 bln direct tax collection for 2021 is reasonable
The Inland Revenue Board (IRB) believes the government's target of RM143.9 billion direct tax collection next year is reasonable.
Mon Nov 23 2020
IRB collects over RM56 billion in taxes as of early July
The Inland Revenue Board (IRB) has collected more than RM56 billion in taxes up to early July, exceeding the RM55 billion collected in the corresponding period last year.
Tue Jul 11 2017
IRB collected 35 per cent of targeted taxes as of May 31
The Inland Revenue Board (IRB) has collected about 35 per cent in the targeted RM127.7 billion tax collection for this year as of May 31, said its chief executive officer Datuk Sabin Samitah.
Thu Jun 15 2017
LHDN urged to review income tax payment system for medical practitioners
Datuk Dr S. Subramaniam said the LHDN and the Malaysian Medical Association (MMA) should discuss the best way to find a solution to the matter.
Sun Apr 16 2017
MMA refutes suggestion of widespread tax evasion claim
The association believed that the situation was quite the opposite as doctors in general were extremely law-abiding, and had been meticulous about declaring income and paying all taxes owed.
Sun Apr 16 2017
Higher penalty for tax defaulters beginning next year
Starting next year, those who fail to pay their taxes will face a 100 percent penalty as opposed to the current penalty of 45 percent.
Wed Apr 12 2017
Income tax of Uber, GrabCar drivers similar to other individuals - LHDN
Income tax would only be imposed on net income of the drivers, which might come from their driving activities and other income, including a monthly salary, if any.
Fri Mar 31 2017
Uber, GrabCar drivers not excluded from declaring earnings to IRB
Part-time Uber and GrabCar drivers are subjected to taxation if their income exceeded the minimum threshold of RM30,000 a year.
Wed Mar 29 2017
MACC enlists Taxation Act in strengthening corruption prevention
The Malaysian Anti-Corruption Commission (MACC) will enlist the provisions in the Income Tax Act to strengthen efforts in combating corruption, said its Chief Commissioner, Datuk Dzulkifli Ahmad.
Tue Jan 10 2017
LHDN forms investigation team for tax evaders
Its Chief Executive Officer Datuk Sabin Samitah said the team would begin their work from Jan 1 until Dec 2017.
Thu Dec 15 2016
IRB says tax defaulters may soon be listed under CCRIS
Tax defaulters will not only be banned from leaving the country, but may be listed under the CCRIS for intentionally delaying tax payments.
Thu Dec 15 2016
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