Malaysia Budget 2011

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...

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%...

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...

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...

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...

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...

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...

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 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 ” 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,...