KUALA LUMPUR, Sept 29 – Government policies and incentives will play a crucial role in supporting electric vehicle (EV) demand growth in the transition away from internal combustion engine vehicles (ICE) in Asia, said Sustainable Fitch Inc.

KUANTAN, Sept 29 — The Royal Malaysian Customs Department (JKDM) foiled bold-faced smuggling in broad daylight on the highway when it seized 24,000 cartons of contraband cigarettes with an estimated tax duty of RM3.206 million.

KUALA LUMPUR, Sept 14 — Malaysia can bolster its pension system by adopting the universal flat rate tax-financed pension scheme, said an expert.

KUALA LUMPUR, Sept 12 — Bringing back the goods and services tax (GST) will bolster government revenue but more clarity is needed for market players to adjust their investment decisions accordingly, say economists.

KUALA LUMPUR, Aug 7 — Waqf, a charitable endowment in the form of funds or properties, has the potential to ease the federal government's fiscal deficit burden and can act as an instrument to reduce the country's spending and gradually minimise any funding gaps.

By Azian Aziz SHAH ALAM, June 6 — In a bid to facilitate the public in paying their bills, taxes, compounds and licensing fees, Petaling Jaya City Council (MBPJ) has installed payment kiosks at four prime locations. Specifically, they are located at the Jalan Othman market, Taman Megah SS24...

KUALA LUMPUR, Feb 28 — The government does not deny that the implementation of the Goods and Services Tax (GST) is one of the financial instruments which could boost the sustainability of the country’s economic position in the future.

SHAH ALAM, Nov 29 — The Selangor government is advised to explore new potentials to generate income and not rely too much on premium and land tax revenue.

HANOI, June 8 — Vietnam is considering cutting taxes on fuel to help ease prices at all-time highs, but inflation remains under control and helped by domestic food production, its finance minister said on Wednesday.

KUALA LUMPUR, Feb 25 — There are four months left for Malaysians to buy locally made or imported cars and enjoy tax incentives which will end soon, said Finance Minister Tengku Datuk Seri Zafrul  Abdul Aziz.

KUALA LUMPUR, Oct 28 — The federal government recorded a revenue of RM225.075 billion and loan repayments and other receipts of RM1.26 billion in 2018, a decrease of 14.9 per cent from RM264.41 billion in 2019.

KUALA LUMPUR, Oct 7 — The Communications and Multimedia Ministry has no plan to propose any form of new tax to be imposed on e-commerce activities, the Dewan Negara was told today.

KUALA LUMPUR, July 22 — Malaysia and the United States (US) have strengthened bilateral tax relations with the implementation of the Foreign Account Tax Compliance Act (Fatca), said the Ministry of Finance (MOF).

KUALA LUMPUR, June 30 — All tax service counters at branch offices, satellite centres and revenue service centres (PKH) of the Inland Revenue Board (IRB) will operate by appointment beginning July 1.

KUALA LUMPUR, June 15 — The Inland Revenue Board of Malaysia (IRB) will open the Government Special Assistance (BKK) counters from today (June 15) for appeals applications under Bantuan Prihatin Rakyat (BPR).

PUTRAJAYA, June 12 — Taxpayers conducting business for the Year of Assessment 2020 until July 31, 2021, have been given additional time to submit their income tax return forms (BNCP).

PUTRAJAYA, June 7 — The Inland Revenue Board (IRB) has reminded the public to be wary of a Macau Scam syndicate posing as its officers to deceive victims.

KUALA LUMPUR, May 25 — The Inland Revenue Board (IRB) will continue to offer its services during the movement control order 3.0 under limited operating hours.

PUTRAJAYA, May 16 — An exercise to allow more categories of taxpayers to register for income tax number through e-Daftar as well as changing the prefix of individual taxpayers (from SG and OG ) to IG will be commencing on May 18.

KUALA LUMPUR, April 20 — The government can raise tax collection without resorting to additional taxes through the regulation of the shadow economy and improved tax administration, said Malaysian Institute of Accountants (MIA) president Dr Veerinderjeet Singh.