Takaichi looks to tackle rising living costs as govt begins designing mix of income tax deductions, cash benefits for low-, middle-income households
Potential reduction in govt revenue may further strain Tokyo's already precarious finances
Weak tax systems keep harmful products affordable as health systems face financial pressure from preventable NCDs, injuries, says UN body
Govt also agrees to allow wholesale, retail construction materials sector taxpayers to issue consolidated e-Invoices starting January 1
Govt agrees to transition period for individual taxpayers with income from salaries, non-salary sources, says LHDN
Over RM22b in refunds in 2024, the highest in five years, says PM
Newly-established MSMEs will enjoy one-year deferment of Service Tax on rentals, says Anwar
Discount subject to minimum rate prescribed, new rates will remain in effect for at least 10 years, says CM Chow
MOF also reviewing if amount is sufficient, increases to be made as needed, says PM
Comprehensive subsidy targeting also ensures majority of citizens continue to receive assistance, says PM
Finance Bill 2025; Collection, Administration, Enforcement of Tax Bill 2025 approved after debate by MPs
All proceeds channelled into Federal Consolidated Fund per Article 97 of the Federal Constitution, says MOF
Scope's mitigation measures aim to ensure tax burden is distributed fairly, borne by parties able to do so, says MOF
The 2026 state budget initiative will help bridge digital access gap between urban, rural areas, says MB
State’s strong financial position supported by comprehensive, systematic public financial management practices, prudent expenditure control
Levy set on per-passenger basis, varying according to distance travelled, says CAAS
Up to US$4t in tax breaks approved by Trump administration
Companies can now revise tax estimates in 11th month instead of doing so on 6th, 9th or both months, says Lim
Initiative to be extended to services sector by second quarter, says Liew
High Court agrees with subsidiary company that LHDN had no legal basis to issue notices
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