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tax deduction

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LHDN expects rise in civil servant taxpayers following salary adjustment

LHDN expects rise in civil servant taxpayers following salary adjustment

LHDN CEO Datuk Dr Abu Tariq Jamaluddin said tax deductions will be based on taxable income.
Mon Aug 19 2024
Govt extends tax breaks on listing expenses to tech companies on Bursa Malaysia

Govt extends tax breaks on listing expenses to tech companies on Bursa Malaysia

The government will extend tax deductions on listing expenses to cover technology-based companies on Bursa Malaysia's Main Market.
Fri Oct 07 2022
Contributors to disaster trust account eligible for tax deduction - MOF

Contributors to disaster trust account eligible for tax deduction - MOF

Individuals or companies that contribute to the Disaster Trust Account (Akaun Amanah Bencana) will be eligible for tax deductions, the Ministry of Finance (MoF) said.
Sat Jun 05 2021
Govt introduces additional tax deductions under PEMERKASA

Govt introduces additional tax deductions under PEMERKASA

Muhyiddin said voluntary registration for the Safe@Work initiative would start on April 1.
Wed Mar 17 2021
Employers footing COVID-19 screening cost get double tax deduction

Employers footing COVID-19 screening cost get double tax deduction

Employers who bear the cost of COVID-19 screening will get double tax deduction for the payment of employee screening costs made during the year.
Tue Jan 19 2021
Budget 2021 to get economy into faster recovery mode - KPMG

Budget 2021 to get economy into faster recovery mode - KPMG

Another innovative proposal involves the granting of a limited tax deduction to individuals for amounts invested in Equity Crowdfunding ventures.
Sat Nov 07 2020
Taylor's budget wishlist: Tax rebates, reviving domestic tourism, expedite digitalisation

Taylor's budget wishlist: Tax rebates, reviving domestic tourism, expedite digitalisation

Contributions for the EIS including voluntary uptake should be given tax deductions.
Tue Nov 03 2020
Tax deductions for donations to COVID-19 funds

Tax deductions for donations to COVID-19 funds

Tax deduction incentives will be given to those who donate cash or items that will be used to contain the spread of COVID-19 and to help the people affected by the outbreak, said Inland Revenue Board
Thu Mar 26 2020
COVID-19: GLCs donate RM60m to MOH, tax deduction approved for contributions

COVID-19: GLCs donate RM60m to MOH, tax deduction approved for contributions

MOF has approved a tax deduction for contributions and donations in cash and in kind by individuals and corporates to the COVID-19 Fund and the MOH.
Mon Mar 23 2020
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[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