KUALA LUMPUR, Jan 16 — The government has agreed to exempt the imposition of capital gains tax (CGT) as well as taxes on foreign sourced income (FSI) on unit trusts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Nov 8 — The government is expected to collect about RM800 million in annual revenue from the implementation of the capital gains tax (CGT) effective March 1, 2024, based on share ownership transfer trends in recent years, said the Finance Ministry (MOF).
KUALA LUMPUR, Oct 18 — The government has been urged to reconsider and postpone for the time being the proposal regarding the (sales and) service tax (SST).
KUALA LUMPUR, Sept 11 — The higher spending ceiling of the 12th Malaysia Plan (12MP) from an additional RM15 billion allocation will not come from more loans but will come from expected better national growth in 2024-2025 and domestic savings, said Economy Minister Rafizi Ramli.
KUALA LUMPUR, Sept 11 — The government is re-examining the national development plan including reviewing the public-private partnership (PPP) policy, said Prime Minister Datuk Seri Anwar Ibrahim today.
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