2m ago
KUALA LUMPUR, Oct 13 (Bernama) -- The government has been asked to review corporate tax reliefs especially for companies that record windfall profits but maintain a very large salary gap between top management and the lower-level employees.
2m ago
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
2m ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2026 reinforces the government’s commitment to strengthening tax governance and anti-leakage measures, reflecting continued efforts to enhance fiscal transparency and enforcement, said PwC Malaysia.
2m ago
KUALA LUMPUR, Oct 11 (Bernama) -- The government’s continued efforts to promote financial inclusion and raise awareness about the importance of life insurance protection through the extension of tax relief and stamp duty can encourage parents, especially young families, to plan early for their children’s financial security.
2m ago
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).
2m ago
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.
2m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.
2m ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) is calling for higher combined tax relief for education, medical, and health insurance, raising the limit from RM4,000 to RM6,000 under the upcoming Budget 2026.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysia Semiconductor Industry Association (MSIA) hopes Budget 2026 will include a strategic announcement to fund key initiatives that support the “Made by Malaysia” agenda.
3m ago
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.
6m ago
KUALA LUMPUR, June 10 (Bernama) -- Malaysia and Poland should showcase the capacity of both countries to work together in key sectors such as the halal industry, defence, digital technology and green hydrogen, said Prime Minister Datuk Seri Anwar Ibrahim.
9m ago
CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.