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...
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...
Tax Budget 2012: Higher EPF Contribution from Employers
Budget 2012 has proposed that all employers are required to increase their EPF contribution from 12% to 13% for staff who are earning less than RM5,000 per month with effect from 1 January 2012.
The staff...
Prime Minister’s Tax Budget 2012 full speech
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 2012 and to appropriate that sum for the service...
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...
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...
IRB will not get you if you apply for Cash 500 Assistance under BR1M
Applicants for 1 Malaysia People's Aid (BR1M) should not be worried over rumours that the Inland Revenue Board (IRB) will use the information received to chase after the potential taxpayers.
Those families earning total monthly...
Franchise Fee Is Now Tax Deductible In Malaysia
Franchise fee is now tax deductible in Malaysia, announced by Prime Minister Dato Seri Najib in Budget 2012.
Franchise is a business model where franchisee is given the rights to offer, sell or distribute products...
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...
Tax Budget 2012: Transformational Budget For All Malaysians
PUTRAJAYA: Datuk Seri Najib Tun Razak has described Budget 2012 as a “transformational Budget for all Malaysians”.
The Prime Minister, in emphasising his Government's inclusive approach said, there would be a wide range of winners...
