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There are 9 news based on search keyword " direct tax"

2025 Tax Trinity: US Tariffs, SST Expansion and E-invoicing

KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.

Penang Tables RM1.09 Bln Budget 2026 With Record-Low Deficit

GEORGE TOWN, Nov 14 (Bernama) -- The Penang state government today tabled the Budget 2026 totalling RM1.088 billion for operating expenditure, with an estimated deficit of RM19.92 million, the lowest in the state’s history. 

Federal Govt Revenue Seen Rising 2.7 Pct To Rm343.1 Bln In 2026 -- MOF

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

LHDN To Focus On E-invoicing, Tax Base Expansion In 2025

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.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

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.

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.