Malaysia Budget 2012
MOF issues FAQ on RM500 cash aid (download registration form here)
Malaysia Ministry of Finance (MOF) open up a toll-free hotline 1-800-222-500 to answer enquiries and provide clarification in relation to RM500 cash aid for Malaysian earning RM3,000 or less a month.
Toll-free hotline : 1-800-222-500
Operation...
MALAYSIA BUDGET 2012 TAX SUMMARY AND PROPOSALS
Budget 2012 : Transformational Budget for All Malaysians
The Malaysia Budget 2012 was delivered and tabled by Prime Mnister / Finance Minister, Datuk Seri Najib Tun Razak, on Oct 7, 2011 (Friday).
Selected Summary of Tax Budget...
Tax Budget 2012: Get Paid 2% If IRB Refund Late
The Inland Revenue Board (IRB) will now pay you a compensation of 2% per annum on the amount refunded late, with effect from the year of assessment 2013!
Budget 2012 proposed that the compensation will...
BR1M RM500 cash aid application deadline extended to 10 February
The deadline for the public to submit the application form for the RM500 Bantuan Rakyat 1Malaysia (BR1M) scheme has been extended to Feb 10, 2012.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said the...
Malaysia Tax Budget 2012 Full Highlights
* One off cash assistance of RM500 to all households with a monthly income of RM3,000 and below, costing RM1.8 billion to benefit 3.4 million households.
* Ceiling for house prices under a government deposit...
Appeal form for RM500 cash aid application rejected by MOF
Malaysian Government is progressively releasing the RM500 cash aid to its people since January 2012. However, some applications were rejected due to incorrect, incomplete or insufficient information given or attached with the application submitted.
You...
Tax Budget 2012: My First Home Scheme (MFH)
Budget 2012 has proposed to increase the maximum price ceiling for houses under My First Home (MFH) scheme to increase from RM220,000 to RM400,000.
This improved scheme will be made available to house buyers through...
Ministry of Finance (MOF): Register RM500 cash aid from 10 December 2011
Malaysian Ministry of Finance (MoF) has issued a Media Release stating the long-sought-after definition of “Household” as to who will eligible for the one-off RM500 cash assistance.
As announced in Tax Budget 2012 on 7...
Don’t abuse BR1M assistance, said Tan Sri Lee Lam Thye
The statement by Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah that the Government will ensure that all eligible households are not left out of receiving their RM500 aid under the Bantuan Rakyat 1Malaysia...
Tax Budget 2012: REIT dividend income at only 10% tax until 2016
Dividend income derived from your investment in REITs will continue to be taxed at 10% final withholding tax from 2012 until 2016.
For you other investments, you are "deemed" to be taxed at 25%,...