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There are 63 news based on search keyword " income tax"

BNM: Base Medical, Health Insurance/Takaful Product Design To Be Finalised By Year-End

KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).

MoF Proposes Review Of Tax Incentives For Venture Capital

KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to review tax incentives for venture capital companies (VCCs), venture capital management companies (VCMCs), and individual shareholders of VCCs to further encourage investment by VCCs.

Highlights From Budget 2026

KUALA LUMPUR, Oct 10 (Bernama) -- Below are the highlights from Budget 2026, themed the Fourth MADANI Budget: People’s Budget, which was tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

Govt To Galvanise RM470 Bln Resources In Budget 2026 To Fortify Economy Against Global Shocks - PM Anwar

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.

Federal Govt Revenue Seen Rising 2.7 Pct To Rm343.1 Bln In 2026 -- MOF

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.

SC Targets RM2 Bln In Single Family Office AUM By 2026

KUALA LUMPUR, Oct 6 (Bernama) – The Securities Commission Malaysia (SC) is targeting RM2 billion in assets under management (AUM) by the end of 2026 under the Single Family Office (SFO) Incentive Scheme, after receiving 30 Expressions of Interest since the scheme was launched in September 2024.

Budget 2026 To Reinforce Govt Commitment To Strengthen Fiscal Space - MBSB IB

KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2026 will reinforce the government’s commitment to strengthening fiscal space, said MBSB Investment Bank Bhd (MBSB IB) today.

ACCCIM Calls For Targeted Tax Measures In Budget 2026 To Boost SME Productivity, Innovation

KUALA LUMPUR, Sept 4 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has called for targeted tax measures in Budget 2026, including corporate income tax rebates for small and medium enterprises (SMEs) and a higher chargeable income threshold of RM1 million for the SME preferential 15 per cent rate.

Govt Sees Senior Citizen Workforce As Key To Economic, Social Growth

KUALA LUMPUR, Sept 2 (Bernama) -- The government considers the involvement of senior citizens in the labour market as not only socially significant but also beneficial to the national economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Malaysia Expected To Attract RM637 Bln Investments In RE, Green Technology By 2050

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (PETRA).

TNB Receives RM609.03 Mln Additional Tax Assessment For 2023

KUALA LUMPUR, July 31 (Bernama) -- Tenaga Nasional Bhd (TNB) has received a notice of additional assessment amounting to RM609.03 million from the Inland Revenue Board of Malaysia (IRB) for the 2023 assessment year.