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tax exemption

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Muhyiddin ordered to pay Guan Eng RM1.35 mln for defamation

Muhyiddin ordered to pay Guan Eng RM1.35 mln for defamation

Court orders Tan Sri Muhyiddin to pay damages to Lim Guan Eng for defaming him over Albukhary Foundation's tax-exemption revocation.
Fri Nov 08 2024
Malaysia overtakes Thailand as ASEAN's second-biggest auto market

Malaysia overtakes Thailand as ASEAN's second-biggest auto market

Sales tax exemptions for domestically produced vehicles provided a tailwind for the national car brands Perodua and Proton.
Fri May 17 2024
M'sia mulls giving full tax exemption on emergency PRS withdrawals

M'sia mulls giving full tax exemption on emergency PRS withdrawals

Malaysia is considering to provide full tax exemptions on withdrawal from private retirement scheme (PRS) funds for emergency purposes.
Wed May 08 2024
Six fined up to RM20,000 each for fake documents to reduce luxury car tax

Six fined up to RM20,000 each for fake documents to reduce luxury car tax

The individuals were fined, after pleading guilty to charges of using fake documents to obtain luxury car tax exemptions in Langkawi.
Tue Jan 16 2024
Yayasan Albukhary would not have needed to appeal if tax exemption not revoked - Muhyiddin

Yayasan Albukhary would not have needed to appeal if tax exemption not revoked - Muhyiddin

Tan Sri Muhyiddin Yassin said that he had seen a letter from the MOF to Tan Sri Syed Mokhtar Al-Bukhary sometime in 2021.
Wed Apr 26 2023
Lim Guan Eng sues Muhyiddin over Yayasan Albukhary's tax exemption issue

Lim Guan Eng sues Muhyiddin over Yayasan Albukhary's tax exemption issue

Lim said Muhyiddin deliberately sabotaged Yayasan Albukhary for refusing to allow tax exemptions when he was Finance Minister.
Mon Mar 27 2023
Govt proposes tax exemption to encourage more women to return to work

Govt proposes tax exemption to encourage more women to return to work

Tengku Zafrul said the Securities Commission Malaysia will introduce a special training programme to enhance women skills.
Fri Oct 07 2022
Vehicle sales tax exemption deadline remains on June 30 - MoF

Vehicle sales tax exemption deadline remains on June 30 - MoF

The deadline for the sales tax exemption for the purchase of passenger vehicles remains on June 30, 2022, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
Mon Jun 20 2022
Private companies involved in SEMy2030 to be given tax exemption - Noh Omar

Private companies involved in SEMy2030 to be given tax exemption - Noh Omar

Private companies that are participating in efforts to empower social enterprises under SEMy2030, will be given income tax exemption for three years.
Sat Apr 23 2022
Four more months to enjoy car sales tax exemption incentive - Tengku Zafrul

Four more months to enjoy car sales tax exemption incentive - Tengku Zafrul

MOF under Budget 2022 had extended the car sales tax incentive exemption period until June 30, 2022.
Fri Feb 25 2022
Stronger vehicle sales forecast for first-half than second-half of 2021 - MAA

Stronger vehicle sales forecast for first-half than second-half of 2021 - MAA

The extension of the sales tax exemption plays an important role in helping to spur vehicle sales in the first half of the year.
Fri Mar 26 2021
Gov't ready to discuss entertainment tax exemption for cinemas

Gov't ready to discuss entertainment tax exemption for cinemas

The government is ready to discuss proposals on the exemption of entertainment tax for cinema operators affected by the COVID-19 outbreak.
Sat Mar 20 2021
Vehicle sales tax exemption extended until June 2021 - MOF

Vehicle sales tax exemption extended until June 2021 - MOF

The Ministry of Finance (MOF) has announced the extension of the vehicle sales tax exemption period by a further six months until June 30, 2021.
Tue Dec 29 2020
Govt to give income tax exemption for commercialisation of RD findings

Govt to give income tax exemption for commercialisation of RD findings

The government has proposed to give income tax exemption of 100 per cent of statutory income for 10 years to investor company that commercialises the research and development (RD) findings.
Fri Nov 06 2020
Govt proposes to expand income tax exemption for green SRI Sukuk

Govt proposes to expand income tax exemption for green SRI Sukuk

The government has proposed to extend the existing income tax exemption for green Sustainable and Responsible Investment (SRI) sukuk grant.
Fri Nov 06 2020
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024