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. 

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.

Raising E-Invoicing Exemption Threshold Gives Businesses Clarity -- FMM

KUALA LUMPUR, Dec 8 (Bernama) -- The e-invoicing exemption threshold, which has been raised from RM500,000 to RM1 million, will provide businesses greater clarity to plan while easing immediate compliance-related burdens, said the Federation of Malaysian Manufacturing (FMM, formerly known as Federation of Malaysian Manufacturers).

RM1 Mln e-Invoice Exemption Threshold Eases MSMEs' Compliance Costs -- ACCCIM

KUALA LUMPUR, Dec 7 (Bernama) -- The government’s decision to raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning 2026 would ease the compliance costs and administrative burden for micro, small and medium enterprises (MSMEs).

Dewan Rakyat Passes Two Tax-Related Bills

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.   

Mah Sing To Buy 1.129-Hectare Land In Setapak For RM44.50 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.

Tune Protect, Ticket2U Offer Ticket Refund Protection, Sports PA In Indonesia

JAKARTA, Nov 20 (Bernama) -- Tune Protect Re (Tune Protect), a reinsurance subsidiary of Tune Protect Group Bhd, has extended its partnership with Ticket2U, a leading ticketing platform in Southeast Asia, to Indonesia with the launch of Ticket Refund Protection dan Sports Personal Accident (PA).

Kunming Emerges As China’s Gateway City For Southeast Asian Travellers

KUALA LUMPUR, Nov 10 (Bernama) -- Kunming is rapidly cementing its position as China’s premier destination for inbound consumption, drawing a surge of visitors primarily from Southeast Asia and increasingly from South Asia, according to the Kunming Bureau of Commerce.

Finland’s Success In Climate Solutions Offers Valuable Lessons For Malaysia

From Zufazlin Baharuddin

HELSINKI, Nov 9 (Bernama) -- Finland’s leadership and success in climate solutions through the implementation of a circular economy is nothing short of remarkable and offers valuable lessons for Malaysia, which has embraced similar ideals in promoting sustainability.

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.

Budget 2026 Balances Fiscal Prudence With Long-Term Growth -- FMM

KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).

E-invoicing Effective 2026, Tax Exemption For Vehicles Below RM300,000 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The e-invoice initiative will be implemented comprehensively in 2026, along with the self-assessment system for stamp duty to foster tax compliance, said Prime Minister Datuk Seri Anwar Ibrahim.