RM14.55bil income tax refunds settled this year, says deputy ministerDeputy finance minister Lim Hui Ying says the sum, involving 3.47 million cases, is a 17.5% increase from last year.
3rd-party administrators, insurance and takaful operators can’t prescribe treatment, Dewan toldDeputy finance minister Lim Hui Ying says this right is reserved for doctors.
Firms won’t be allowed to offset excess payments against future tax liabilitiesDeputy finance minister Lim Hui Ying says companies will be permitted to revise their tax estimates in the 11th month, allowing for more accurate estimations.
Review of subsidy mechanism for other goods after RON95 rollout successDeputy finance minister Lim Hui Ying says this is to prevent leakages and ensure assistance only reaches those who truly need it.
LHDN targets all tax evaders regardless of wealth, says deputy ministerThe finance ministry says enforcement actions are carried out under existing tax laws, including civil suits and travel bans for defaulters.
Expanded SST to have ‘low, manageable impact’ on householdsDeputy finance minister says this is due to various relief measures and exemptions.
Copyright © Fly FM 2024. All rights reserved. Under Media Prima Audio, part of the Media Prima Group.
Fly FM is a company under Max-Airplay Sdn Bhd 200401010456 (648959-W).
