Malaysia Budget 2011

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...

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...

Mr. Speaker Sir, I beg to move the Bill intituled “An Act to apply a sum from the Consolidated Fund for the service of the year 2011 and to appropriate that sum for the service...

Ordinary mobile phones are subject to sales tax of 10% whereas Personal Digital Assistant (PDA) with Global System Mobile (eg. smart phones) which may function as a mobile phone is given sales exemption. In order...

“ 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 ” 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...

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...

The Malaysian government is aware of the difficulties faced by low income group and fresh graduates who just joined workforce in buying a house. To assist this group of people, the government will introduce Skim...

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...

Since 2008, the Government will bear your electricity bill if the bill amount is less than RM20 and Tenaga Nasional will collect the rebate RM20 from the Government instead of from you. Do you...