Senate Passes Tax Collection Measures Bill 2025
KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system.
| LATEST NEWS | Asian Cup 2027 Qualifiers: Vietnam 3-1 Malaysia | The government denies Bloomberg’s claim that the PM requested a special task force to delay the disclosure of Azam Baki’s shareholding investigation - KSN | The Attorney General’s Chambers will take further action against Bloomberg - KSN | |
KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system.
KUALA LUMPUR, Dec 16 (Bernama) -- Tenaga Nasional Bhd (TNB) chief executive officer (CEO) Datuk Megat Jalaluddin Megat Hassan has been named “MADANI Best CEO of the Year” at the inaugural MADANI Business Awards 2025 recently.
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s unemployment rate is expected to remain at 3.0 per cent in 2025 and 2026, supported by steady employment growth and continued hiring in the domestic-oriented services sector, according to MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia is entering 2026 with its oil and gas sector still standing firm, but the ground beneath it is shifting faster than at any point in decades.
PUTRAJAYA, Dec 7 (Bernama) -- Malaysia’s aim to reduce compliance costs to up to 1 per cent of gross domestic product (GDP) as part of the civil service reform agenda is in line with international standards, including those of the Organisation for Economic Co-operation and Development (OECD).
KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.
PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.
LABUAN, Dec 3 (Bernama) -- Sabah has taken a decisive step toward modernising its transport governance via an expanded ministerial portfolio long viewed as central to the state’s economic future, said Chartered Institute of Logistics and Transport Malaysia (CILTM Sabah section) chairman Daniel Doughty.
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
KUALA LUMPUR, Nov 29 (Bernama) -- The Bureaucratic Red Tape Reform (RKB) initiative under the Ministry of Investment, Trade and Industry (MITI) is already translating into tangible impact, improving service delivery, reducing red tape and fostering a more business-friendly environment.
KUALA LUMPUR, Nov 29 (Bernama) -- The people and the business community have become the biggest beneficiaries of the Bureaucratic Red Tape Reform (RKB), as various government processes can now be completed more quickly, compliance costs have been reduced, and service transparency has improved.