KUALA LUMPUR, Feb 27 — The incentive period extension for Investment Tax Allowance (Gita) and Green Income Tax Exemption (Gite) schemes until December 31, 2025 for eligible green activities through Budget 2023, will further spur green investment such as in the electric vehicle (EV) sector, said the Malaysian Green Technology and Climate Change Corporation (MGTC).

KUALA LUMPUR, Oct 7 — To encourage green investment to achieve the target of zero net greenhouse gas emissions as early as 2050, the government has proposed an extension of the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) incentive application period until December 31, 2025.