Tax experts point out the government’s revenues are largely derived from direct taxes such as income and corporate taxes. It ...

The government is set to table the Gig Workers Bill 2025 in Parliament by August or September this year, aiming to formalise protections for over 1.12 million Malaysians engaged in both platform and ...

The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective July 1, 2025.

Congress should consider creating targeted tax incentives, such as deducting accident and illness insurance and providing ...

The sales tax rate would remain the same for essential goods, while a rate of five or 10% will be imposed on non-essential or discretionary goods.

Announced by Malaysia’s Ministry of Finance, the tax will specifically target non-Malaysian students enrolled in private ...

Malaysia is dangling new tax incentives to investors to boost its venture capital industry, according to Second Finance ...

To pay zero tax on Rs 15.5 lakh income under the new regime, you need to reduce your taxable income to Rs 12,00,000 (Rs 12.75 lakh with standard deduction). Let's take an example where an employee's ...

Refund Delays and Grievance Redressal Under Scrutiny A key agenda item will be the delays in processing refunds, particularly those pending under Section 143 (1) due to non-processing of returns. The ...

The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective July 1, 2025.

Common household salt will remain exempt under Malaysia's revised Sales and Service Tax (SST), contrary to social media posts claiming the revision will cover all salts and that seawater will also be ...

Tax filing season begins for the financial year 2024-25, and the assessment year 2025-26 has officially commenced, with salaried employees in India having received their Form 16 documentation. There ...