Tuesday, 19 March 2024

Malaysia Budget 2011

During the recent economic crisis, a number of businessmen and individuals who faced financial problems and some of them were declared bankrupt. They were also blacklisted and not able to conduct businesses or apply...

In order to boost the local tourism industry and to make Malaysia as a shopping haven for branded goods at competitive prices, the government proposes to abolish import duty range from 5% to 30%...

Following the Malaysian government announced in Budget 2011 that the PLUS toll rate would not be increased for the next five years from today onwards. Yesterday, UEM Group Berhad and Employees Provident Fund Board have...

“ 1Malaysia, Generating Transformation ” Summary & Highlights - Tax Changes & Proposals EPF relief scope extended but limit not increased Existing EPF relief of maximum RM6,000 is extended to include employees’ contributions to Private Pension Fund...

“ 1Malaysia, Generating Transformation ”  Summary & Highlights - Tax Changes & Proposals Existing EPF relief of maximum RM6,000 is extended to include employees’ contributions to private staff retirement schemes. Employers are allowed for tax deductions for contributions...

“ 1Malaysia, Generating Transformation ” Budget 2011 Portal is to channel information for Malaysians on the 2011 National Budget. It also provides a live webcast of YAB Dato' Seri Mohd Najib Bin Tun Abdul Razak,...

Our Prime Minister, Dato' Sri Najib Razak, who is also the Finance Minister was working hard these days in doing final preparation and finalising the details of Budget 2011 before tabling on Friday,  he...

On the Budget Day (Friday), the Inland Revenue Board (IRB) will open its 2011 Budget Special Hotline Operations Centre on Friday, Oct 15 from 7pm to 10pm. The hotline is to allow the public...

As mentioned in our blog post on Real Estate Investment Trust (REIT) in Malaysia, the reduced withholding tax of 10% on individual and non-corporate investors is only available up to 31 Dec 2011. REIT dividends...

Companies, businessmen as well as individuals are looking forward to the measures to be announced on this Friday, Oct 15, the Budget Day. What we can expect from Budget 2011? Announcement of Tenth Malaysian Plan projects? Kuala...
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