KUALA LUMPUR, Feb 12 — Malaysia is one of the lowest tax revenue collectors in Southeast Asia, with a tax-to-gross domestic product (GDP) ratio of 11.8 per cent.
By Siti Rohaizah Zainal SHAH ALAM, Jan 14 — The Shah Alam City Council (MBSA) is targeting tax collection this year of RM530 million, said the acting mayor. Shah Alam Acting Mayor Cheremi Tarman said the collection target increased from last year by RM505 million and includes assessment tax...
KUALA LUMPUR, Oct 10 — The Federal government’s revenue has increased by 25.9 per cent or RM60.61 billion to RM294.36 billion in 2022, compared to RM233.75 in 2021.
CYBERJAYA, May 10 — The tax collection showed a positive trend with daily collection recording a 20 per cent increase this year compared with last year, Inland Revenue Board (LHDN) chief executive officer Datuk Mohd Nizom Sairi said.
By Amin Ridzuan Ishak SHAH ALAM, Nov 8 — The digitalisation initiatives empowered by the state government, including expanding online payment, have succeeded in reducing the economic and social impact of the Covid-19 pandemic. Menteri Besar Dato’ Seri Amirudin Shari said the initiatives led...
KUALA LUMPUR, Aug 31 — The direct and indirect tax collection stood at RM67.4 billion or 56.2 per cent of the target and RM24.8 billion or 59 per cent of the target, respectively, as of July 2021, the Ministry of Finance (MOF) said.
ALOR SETAR, March 21 — The Royal Malaysian Customs Department is targeting to collect RM40.7 billion in taxes this year, or higher than RM38.6 billion in 2020.
PUTRAJAYA, Sept 30 — The Inland Revenue Board (IRB) is revising downwards its tax collection target for 2020 from the RM154 billion projected in January, which was prior to the movement control order's (MCO) implementation.
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