IT never goes down well, leaders telling citizens how to manage their finances. Especially when the public are more familiar with leaders who live lavish lifestyles than with those who live humbly. The latest advice to the urban masses is that living on RM3,000 a month is “manageable”, provided one stops subscribing to Astro and […]
income tax
Lower income tax in 2010
KUALA LUMPUR, 23 Oct 2009: Prime Minister Datuk Seri Najib Razak, in an effort to improve the people’s well-being, today announced the government’s proposal to increase personal income tax relief from RM8,000 to RM9,000. At the same time, the government was also proposing to restructure the national fuel subsidy system to be more equitable. In […]
Income tax of AP owners confidential
KUALA LUMPUR, 23 March 2009: Income tax paid by owners of approved permits (APs) for the import of luxury cars cannot be revealed to the public, the Dewan Rakyat was told today. Deputy Finance Minister Datuk Kong Cho Ha, when winding up debate on the Income Tax Bill (Amendment) 2009, said the confidentiality of this […]
