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.
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Johari Ghani To Helm MITI, Akmal Nasrullah Made Economy Minister, Noraini Ahmad Named KPK Minister
KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani has been appointed as Investment, Trade and Industry Minister, changing his Cabinet portfolio from Plantation and Commodities Minister.
IRB Settles RM14.55 Bln Tax Refunds, Involving 3.47 Mln cases - Lim
KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.
BUDI95: 13.9 Mln Enjoyed Petrol Subsidy Programme, With RM5.16 Bln In Sales As Of Nov 30 -- Lim
KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.
735 Mln E-Invoices Issued By 108,000 Taxpayers - Lim
KUALA LUMPUR, Nov 24 (Bernama) -- A total of 735 million e-invoices have been issued by 108,000 taxpayers as of Nov 21, 2025, Deputy Finance Minister Lim Hui Ying said.
Govt Identifying Methods To Minimise Local Vehicle Price Hikes - Lim Hui Ying
KUALA LUMPUR, Nov 6 (Bernama) -- The government is identifying the best methods to mitigate the implications of the increase in local vehicle prices in line with the enforcement of regulation P.U.(A) 402/2019, said Deputy Finance Minister Lim Hui Ying.
Government Rules Out Ring-Fencing Policy For Rural Welfare, Infrastructure -- Lim
KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.
ITOs Must Submit Information To BNM Before Implementing Premium Readjustments — Lim Hui Ying
KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.
Excess Tax Payments Cannot Be Used To Offset Future Liabilities -- Lim
KUALA LUMPUR, Nov 3 (Bernama) -- The Inland Revenue Board (LHDN) does not allow companies to offset excess tax payments against future tax liabilities, said Deputy Finance Minister Lim Hui Ying.
Malaysia Strengthens Economic Partnership With China Under Belt And Road Initiative -- Lim
KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia remains committed to strengthening its economic partnership with China under the Belt and Road Initiative (BRI), Deputy Finance Minister Lim Hui Ying said.
Govt Saves RM20 Bln In Two Years Through Fiscal Consolidation -- Lim
KUALA LUMPUR, Oct 8 (Bernama) -- The government’s efforts to implement fiscal consolidation to reduce the deficit have succeeded in saving RM20 billion in borrowings over two years, said Deputy Finance Minister Lim Hui Ying.
Govt Reviewing Proposal To Introduce New EPF Structure - Lim
KUALA LUMPUR, Oct 8 (Bernama) — The government is still reviewing and studying a proposal to introduce a new structure for the Employees Provident Fund (EPF) accounts that would be implemented on contributors reaching the minimum retirement age, said Deputy Finance Minister Lim Hui Ying.