Belanjawan 2025: Progressive taxation and measures for a sustainable Madani economy
Belanjawan 2025 is expected to introduce a multi-year tax framework and new fiscal measures to achieve a 3% deficit target. This interview explores key topics including the high-value goods tax, sugar-sweetened beverage tax, potential new taxes like carbon pricing, and adjustments to personal and corporate income taxes.
Wed Oct 09 2024
Court rejects Najib and son's bid to stay bankruptcy proceedings
Today's decision was to stay the bankruptcy proceedings to allow the Special Commissioners of Income Tax (SCIT) hearing to go on first.
Mon Jul 29 2024
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
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
Court orders lawyer Muhammad Shafee to pay more than RM5.5 million in income tax arrears
The prosecution initially appealed against the court's decision, but withdrew it on Dec 5.
Thu Dec 21 2023
Shafee, IRB to settle RM9.41 mln income tax suit
The court was scheduled to hear IRB's application for a summary judgment against Tan Sri Muhammad Shafee Abdullah today.
Mon Dec 04 2023
Dewan Rakyat approves Finance Bill
Steven Sim said the bill aims to improve direct income tax and indirect tax that needs the amendment to related acts.
Tue Nov 28 2023
No provision in Income Tax Act prevents prosecution against Rosmah - DPP
DPP Poh Yih Tinn said the claim by Datin Seri Rosmah Mansor that the court had taken over the functions of the SCIT was baseless.
Thu Sep 21 2023
White House says there is no possibility Biden would pardon his son
Hunter Biden is facing charges of failing to pay taxes on more than $1.5 million in income in 2017 and 2018.
Fri Jul 28 2023
Singer Shakira faces new probe over alleged tax fraud in Spain
Colombian singer Shakira, dubbed the Queen of Latin pop, is to be investigated for alleged fraud on income and wealth tax in 2018.
Fri Jul 21 2023
MOF is not proposing to grant income tax relief for B40, M40 OKU for vehicle purchase
Steven Sim Chee Keong said the existing tax relief is seen as sufficient to ease the burden of the disabled for the B40 and M40 categories.
Thu Jun 22 2023
Tiada penalti jika tampil buat pengakuan cukai: LHDN
Yang sudah berlalu tidak mengapa, lapor saja apa yang diketahui dan LHDN terima secara baik.
Wed Apr 05 2023
India's income tax department searches BBC offices - Sources
This comes weeks after the govt came down hard against a BBC documentary critical of PM Narendra Modi's role in the 2002 Gujarat riots.
Tue Feb 14 2023
March 13 set for Najib, son's income tax appeal hearing in Federal Court
Najib Razak and his son Mohd Nazifuddin's appeals against the summary judgments entered against them over income tax arrears will be heard by the Federal Court on March 13.
Tue Jan 17 2023
Trump paid no income tax in 2020, reported losses in office, records show
The records released show that Trump's income and his tax liability fluctuated dramatically during his four years in the White House.
Thu Dec 22 2022