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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
Positive response for MyInvois, even from non-mandatory companies - Lim

Positive response for MyInvois, even from non-mandatory companies - Lim

Many companies have already tried the system, although it's initially aimed at those with annual revenue over RM100 million, said Lim Hui Ying.
Mon Aug 12 2024
LHDN approves over 72,000 voluntary tax declarations worth RM652.5 mln as of Feb 29

LHDN approves over 72,000 voluntary tax declarations worth RM652.5 mln as of Feb 29

The PKPS 2.0 voluntary disclosure programme is an initiative to expand number of taxpayers and encourage tax compliance to increase revenue.
Wed Mar 20 2024
Check travel restriction status before travelling abroad - IRB

Check travel restriction status before travelling abroad - IRB

If taxpayers have tax arrears records and are subject to travel restrictions, they are requested to make a payment or contact IRB office.
Fri Feb 09 2024
Take opportunity to voluntarily declare income before SVDP 2.0 ends - CTIM

Take opportunity to voluntarily declare income before SVDP 2.0 ends - CTIM

Those who voluntarily come forward during the SVDP 2.0 period would not face any legal actions such as penalties and audit examinations.
Tue Jan 23 2024
Malaysia's tax policies are to only tax when necessary and not burden taxpayers - PM

Malaysia's tax policies are to only tax when necessary and not burden taxpayers - PM

Datuk Seri Anwar Ibrahim said the government should also make sure that taxes collected are spent wisely without leakages.
Tue Aug 01 2023
Deadline for submission of Tax Return Forms for taxpayers with business income by e-Filing July 15

Deadline for submission of Tax Return Forms for taxpayers with business income by e-Filing July 15

However, for those submitting manually, the deadline is June 30, said the IRB in a statement today.
Fri Jun 23 2023
Return Form Filing Programme for 2023 can now be accessed via HASiL portal

Return Form Filing Programme for 2023 can now be accessed via HASiL portal

IRB said taxpayers and employers are encouraged to use the e-Filing facility for the submission of Return Form.
Sun Jan 01 2023
Shahrir needs to report the RM1 million received to IRB - IRB officer

Shahrir needs to report the RM1 million received to IRB - IRB officer

It is the responsibility of taxpayers to report their income and for certain categories, commission and rental money are also income.
Tue Dec 13 2022
Budget 2023: Government does not neglect M40 group

Budget 2023: Government does not neglect M40 group

Tengku Zafrul today announced good news for one million taxpayers among the middle-income (M40) households as proof that the government has never neglected the group.
Fri Oct 07 2022
IRB expects Budget 2023 to focus on helping businesses, taxpayers

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
[COLUMNIST] MySejahtera: Investigating costing fairplay

[COLUMNIST] MySejahtera: Investigating costing fairplay

MySJ's costs, however absurd they may be, would ultimately be repaid through fees paid by the government i.e., taxpayers money.
Thu May 19 2022
HASiL extends payment deadline for taxpayers, employers hit by floods

HASiL extends payment deadline for taxpayers, employers hit by floods

HASiL said that the deadline for the payment of estimated tax payable (CP204) for December 2021 has been extended to Jan 31, 2022.
Tue Dec 28 2021
IRB extends deadlines for submission of Tax Return Forms

IRB extends deadlines for submission of Tax Return Forms

The initiative was taken to give the taxpayers more time in preparing tax documents and information that need to be declared to the IRB.
Tue Jun 29 2021
IRB increases limits for income tax payment via FPX

IRB increases limits for income tax payment via FPX

The maximum limit for income tax payment through the Financial Process Exchange (FPX) method has been increased with immediate effect, to make it easier for taxpayers to make payments online.
Sun Jun 20 2021
ISIS Malaysia's perspective of Budget 2025

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

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

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

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

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

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

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

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

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

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