KUALA LUMPUR, Nov 20 — A total of 7,900 companies have used the e-invoicing system and 87 million e-invoices have been issued as of November 19, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, Nov 19 — The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and Finance Act 2023.

KUALA LUMPUR, Nov 11 — The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the Madani Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

PUTRAJAYA, Oct 30 — Allegations about a ban on withdrawing funds from the Employees' Provident Fund (EPF) to perform the Haj are false and defamatory, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, Oct 28 — A total of 872,000 or 10.2 per cent of active Employees Provident Fund (EPF) members have made voluntary contributions amounting to RM9.39 billion as of August 31 this year.

KUALA LUMPUR, Sept 30 — The government is committed to raising governance standards, with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

MELAKA, Aug 10 — Deputy Finance Minister Lim Hui Ying has urged the 1,500 companies that have not yet submitted any invoices through the Inland Revenue Board’s (IRB) MyInvois e-invoicing system to do so promptly before the full implementation begins in January next year.

KUALA LUMPUR, July 25 — The Dewan Negara has passed five bills to promote and expand economic activities in Pulau 1, Forest City, in Iskandar Puteri, Johor.

KUALA LUMPUR, July 24 — The government has paid RM936.12 million in claims under the MySalam scheme from 2019 to 2023, said the Finance Ministry.

KUALA LUMPUR, July 18 — The Credit Guarantee Corporation Malaysia Bhd (CGC), financial institutions and development financial institutions are encouraged to allocate more resources to critical chemicals/petrochemicals, digital, electronics and electrical, and pharmaceutical sectors.

KUALA LUMPUR, July 17 — The Customs (Amendment) Bill 2024 aimed at promoting Pulau 1, Forest City, Johor Bahru to enhance economic development in the area was passed by the Dewan Rakyat today.

KUALA LUMPUR, July 15 — The development of the Madani subsidy assistance (Budi Madani) system did not incur any cost, said Deputy Finance Minister Lim Hui Ying.

MELAKA, July 12 — Deputy Finance Minister Lim Hui Ying today reminded banking and financial institutions in the country to follow the standard operating procedure (SOP) to recognise complaints of customers’ money being withdrawn illegally.

KUALA LUMPUR, July 10 — There is no issue that Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is unsustainable following the increase in infrastructure costs reported in the Auditor-General's Report (LKAN), said Transport Minister Anthony Loke.

KUALA LUMPUR, July 10 — The government does not anticipate any significant cost increases for the Rapid Transit System Link (RTS Link) infrastructure project until the end of the construction period, as the project is in its final phase.

KUALA LUMPUR, June 26 — The ringgit is expected to strengthen against the US dollar in the last quarter of 2024, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, June 26 — Bank Negara Malaysia (BNM) may take supervisory action or impose penalties for violations of regulatory provisions under its supervision over recent incidents of online banking service outages.

PUTRAJAYA, June 11 — The fleet card issued under the Subsidised Diesel Control System (SKDS) for 33 types of public transport and goods vehicles has a filling limit in terms of volume, not cost, the Finance Ministry said.

KUALA LUMPUR, March 27 — The government will improve the implementation of the Sumbangan Asas Rahmah (Sara) aid and consider expanding it in the future, said Deputy Finance Minister Lim Hui Ying.

KUALA LUMPUR, March 27 — The Federal government’s 2024 revenue is projected to increase to RM312.159 billion after taking into account Budget 2024 tax measures, contributed by higher tax revenue collection and better economic growth.