CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.
CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.
KUALA LUMPUR, Feb 14 (Bernama) -- Several key areas affecting the future of small and medium-sized enterprises (SMEs), especially in the use of artificial intelligence (AI) to empower business performances and e-invoicing compliance, will be discussed at the SME Association of Malaysia’s (SME Malaysia) one-day SME Business Talk here on Feb 25.
KUALA LUMPUR, Jan 10 (Bernama) -- TNB Western Energy Bhd (TNB WE), an indirect wholly owned subsidiary of Tenaga Nasional Bhd (TNB) via TNB Manjung Five Sdn Bhd, has filed a judicial review at the High Court of Malaysia to challenge a RM291.55 million tax assessment for the 2018 assessment year.
By Engku Shariful Azni Engku Ab Latif and Previnna Thuraisingam
KUALA LUMPUR, Dec 18 (Bernama) -- The Inland Revenue Board (LHDN) has received 107.5million e-invoices from taxpayers since the system was implemented on Aug 1.
PUTRAJAYA, Dec 2 (Bernama) -- The Medical Device Authority (MDA) has announced a tax deduction incentive under subsection 44(11C) of the Income Tax Act 1967 for sponsors providing cash contributions to support the 28th Global Harmonisation Working Party (GHWP) Annual Meeting and the International Medical Device Exhibition and Conference 2024 (IMDEC 2024).
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.
KUALA LUMPUR, Nov 20 (Bernama) – A total of 7,900 companies have used the e-invoicing system and 87 million e-invoices have been issued as of Nov 19, said Deputy Finance Minister Lim Hui Ying.
LABUAN, Nov 16 (Bernama) -- The federal government has allocated RM50 million for Labuan's operating expenditure under Budget 2025, maintaining the same amount as Budget 2024, with RM32.917 million earmarked for seven development projects in this island for the upcoming year.
KUALA LUMPUR, Nov 7 (Bernama) -- Cooperation between Malaysian and Turkish printing companies boosts bilateral relations and also strengthens the sharing of expertise and technology, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
PUTRAJAYA, Oct 25 (Bernama) — The Ministry of Finance Malaysia (MOF), in collaboration with the Inland Revenue Board of Malaysia (IRB), is expanding the implementation of the Tax Compliance Certificate (TCC) for the procurement of physical works and consulting services as a pilot project from Oct 1, 2024, to March 31, 2025.
KUALA LUMPUR, Oct 23 (Bernama) -- A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance (MoF).
