LATEST NEWS   The MADANI Government views digitalisation and AI as tools to raise productivity, expand financial access and strengthen national competitiveness - PM Anwar | Current market assessments place Malaysia’s growth at 4.5 to 5.0 pct in 2026, reflecting strengthening domestic demand and continued investment momentum - PM Anwar | Geopolitical tensions, shifts in global trade policies and volatility in financial markets call for disciplined risk management and strong governance - PM Anwar | Malaysia enters 2026 with an economy that remains resilient, even as global conditions continue to be uncertain - PM Anwar | PM Modi welcomes Malaysia-India academic collaboration, notes plans to set up Thiruvalluvar Centre in Malaysia | 

MOF Disburses RM3.9 Bln In 2023 Tax Refunds

KUALA LUMPUR, Feb 5 (Bernama) -- A total of RM3.9 billion in tax refunds had been disbursed as of Jan 31, 2026, to settle 34,899 cases involving refunds for the 2023 tax filing year.

The Ministry of Finance (MOF) disclosed this in a written reply to the Dewan Rakyat, which was published on the Parliament website today.

The ministry was responding to Jimmy Puah Wee Tse (PH-Tebrau), who sought clarification on statistics relating to the number of entities and the total amount expected to receive tax refunds, as well as the amount of tax refunds still outstanding.

The ministry said that in 2026, in line with the commitment announced by the prime minister on Jan 5, 2026, the government would complete refunds for the 2023 tax filing year in the first quarter of this year.

“The government will also ensure that refunds for the 2024 tax filing year are made before the end of the year,” said MOF.

-- BERNAMA