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Biden targets wealthy in Pennsylvania tour with a hometown visit

Biden targets wealthy in Pennsylvania tour with a hometown visit

No billionaire should pay a lower tax rate than a teacher, said Joe Biden.
Wed Apr 17 2024
Govt reduces tax for MSMEs to 15 pct

Govt reduces tax for MSMEs to 15 pct

The tax rate for MSMEs for the first RM100,000 in taxable income will be reduced from 17 pct to 15 pct.
Fri Oct 07 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
Full exemption of entertainment tax for theme park entrance tickets in Selangor

Full exemption of entertainment tax for theme park entrance tickets in Selangor

The state government agreed to reduce the entertainment tax rate from 25 per cent to five per cent on every entrance ticket for five years.
Tue Feb 02 2021
Budget 2018: Govt reduces individual income tax

Budget 2018: Govt reduces individual income tax

The Federal Government will reduce individual income tax rates by two percentage points for 2.3 million taxpayers in the country.
Fri Oct 27 2017
EU plans rule change to increase taxes on online giants

EU plans rule change to increase taxes on online giants

European Union finance ministers will discuss rule changes aimed at increasing taxes on digital multinationals such as Google and Amazon.
Wed Sep 06 2017
State cabinet agrees to reduce assessment tax - Adenan

State cabinet agrees to reduce assessment tax - Adenan

Sarawak Chief Minister Tan Sri Adenan Satem announced today that the state cabinet had agreed to reduce the assessment tax rate in the state.
Sun Apr 03 2016
Raising tax on higher-income group a bold move

Raising tax on higher-income group a bold move

The increased taxes on the higher-income group has been hailed as a bold move after the decrease in personal income tax rates last year.
Sat Oct 24 2015
Income tax for 2016 increases between one and three percent

Income tax for 2016 increases between one and three percent

The income tax rates for residents individuals whose chargeable income from RM600,001 to RM1 mil will be increased to 26 percent.
Fri Oct 23 2015
Singapore unveils Robin Hood budget with boost to top tax rate

Singapore unveils Robin Hood budget with boost to top tax rate

Singapore took another step toward Western welfare systems and further from low-tax models like Hong Kong.
Tue Feb 24 2015
Abe unveils economic revival plans for Japan

Abe unveils economic revival plans for Japan

Japan's PM promised to slash Japan's corporate tax rate and tackle sectors long sheltered by the state.
Tue Jun 24 2014
'Tax rates can be reduced from time to time'

'Tax rates can be reduced from time to time'

Prime Minister Datuk Seri Najib Razak said tax rates can be reduced from time to time depending on the nation's economy plan.
Fri Feb 15 2013
Reduced tax for international companies in Israel

Reduced tax for international companies in Israel

The Israeli Knesset (parliament) on Monday authorised a bill allowing international companies to pay reduced tax rates if they invest half of their profits in Israel.
Tue Nov 06 2012
Apple only paid 1.9% income tax on $36.8b in earnings

Apple only paid 1.9% income tax on $36.8b in earnings

Apple Inc. paid an income tax rate of only 1.9% on its earnings outside the US in its latest fiscal year.
Mon Nov 05 2012
JUST expresses solidarity with Imran Khan

JUST expresses solidarity with Imran Khan

JUST expresses total solidarity with detained former Pakistani Prime Minister Imran Khan who has been imprisoned since August 2023 by a military regime with a civilian facade in Islamabad.
Thu Nov 28 2024
Nearly 1,000 held in Pakistan after pro-Khan protests

Nearly 1,000 held in Pakistan after pro-Khan protests

According to police, weapons, including automatic rifles and tear gas guns, were seized from the protest site where thousands had gathered.
Thu Nov 28 2024
China criticises Trump tariff threat, says it won't solve America's problems

China criticises Trump tariff threat, says it won't solve America's problems

He Yadong says the US should abide by World Trade Organization rules and work with China to promote stable economic and trade relations.
Thu Nov 28 2024
Ananda Krishnan leaves behind indelible mark in corporate Malaysia

Ananda Krishnan leaves behind indelible mark in corporate Malaysia

Ananda Krishnan founded and built companies in industries that have become integral to Malaysia's corporate landscape.
Thu Nov 28 2024
Australia passes social media ban for children under 16

Australia passes social media ban for children under 16

The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million.
Thu Nov 28 2024
What you need to know about Adani US bribery indictment

What you need to know about Adani US bribery indictment

For now, Indian billionaire Gautam Adani has to answer US SEC allegations within 21 days, a court directive states.
Thu Nov 28 2024
266  telco towers still not operational, exceeding nine-month target deadline - Fahmi

266 telco towers still not operational, exceeding nine-month target deadline - Fahmi

Fahmi Fadzil says among companies involved, YTL Communications Sdn Bhd failed to complete the 51 telco tower projects awarded under JENDELA.
Thu Nov 28 2024
Eight individuals detained on suspicion of being followers of Millah Abraham cult

Eight individuals detained on suspicion of being followers of Millah Abraham cult

The Millah Abraham teachings have been declared deviant and contrary to Islamic teachings in Melaka through a fatwa.
Thu Nov 28 2024
Tycoon Ananda Krishnan’s companies see slight dip in share prices

Tycoon Ananda Krishnan’s companies see slight dip in share prices

The share prices of Maxis Bhd, Astro Malaysia Holdings Bhd and Bumi Armada Bhd saw a modest decline amid a bearish market.
Thu Nov 28 2024
Israeli strikes continue in Lebanon amid ceasefire with Hezbollah, says journalist

Israeli strikes continue in Lebanon amid ceasefire with Hezbollah, says journalist

Reports of Israeli strikes continue to emerge from southern Lebanon, one day after the ceasefire with Hezbollah takes effect.
Thu Nov 28 2024