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...
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...
My First Home Scheme – Skim Rumah Pertamaku
Skim Rumah Pertamaku (SRP) - My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults who have just joined the workforce, earning RM5,000 per month...
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: 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%,...
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...
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...
Hybrid & Electric Cars Continued To Be Cheaper In Malaysia
Prime Minister Dato' Seri Najib has announced in Budget 2012 that the 100% exemption of import duty and excise duty for new CBU hybrid and electric cars be extended for another 2 years, with effect...
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...
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...
