KUALA LUMPUR, Oct 13 (Bernama) -- A total of 52,133 owners of diesel vehicles such as pickups and sport utility vehicles (SUVs) in Sabah have been approved for an additional 100 litres of diesel under the BUDI MADANI Diesel (BUDI Diesel) programme as of Oct 12, 2026, said the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 13 (Bernama) -- The government has settled tax overpayment refunds amounting to RM17.15 billion, involving 3.23 million taxpayer cases, for the period up to Sept 30, 2026.
KUALA LUMPUR, Oct 13 (Bernama) -- BMI has maintained its forecast for Malaysia’s fiscal deficit to narrow to 3.4 per cent of gross domestic product (GDP) in 2027 from an estimated 3.6 per cent in 2026.
KUALA LUMPUR, Oct 12 (Bernama) -- Tax incentives for Malaysian shipping companies are proposed to be reviewed to contribute to the growth of Malaysian shipping fleet and reduce dependence on foreign vessels as well as enhance the inflow of ship freight revenue into Malaysia in the long term.
KUALA LUMPUR, Oct 12 (Bernama) --The Ministry of Finance (MoF) has proposed revising the tax incentives for the Global Services Hub (GSH) to strengthen Malaysia’s competitiveness and attract treasury management activities.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 balances addressing the rakyat’s needs with fiscal discipline, but structural reforms are still needed to strengthen Malaysia’s long-term fiscal position, said economists.
KUALA LUMPUR, Oct 12 (Bernama) -- Income tax deductions are proposed for the issuance cost of Sukuk Prisma approved or authorised by the Securities Commission Malaysia (SC) or lodged with SC for the assessment years 2027 to 2030.
KUALA LUMPUR, Oct 12 (Bernama) -- The income tax rate for micro, small and medium enterprises (MSMEs) is proposed to be revised, including a one percentage point reduction for the two lowest taxable income bands, effective from the 2027 assessment year.
KUALA LUMPUR, Oct 12 (Bernama) -- Stamp duty remission exceeding RM10 has been proposed for second-tier agreements between mid-tier companies (MTCs) and financial institutions involving excess credit facilities extended to micro, small and medium enterprises (MSMEs), for the period from Jan 1, 2027 to Dec 31, 2030.
KUALA LUMPUR, Oct 12 (Bernama) -- The government proposes expanding the scope of individual income tax relief for lifestyle to include pet care expenses, such as vaccinations and sterilisation treatments by registered veterinary services.
PUTRAJAYA, Oct 12 (Bernama) -- The Ministry of Transport (MOT) did not hold any meetings with AirAsia in the past two to three weeks, nor was any agreement reached with the low-cost airline, said Transport Minister Anthony Loke.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 will continue to strengthen Malaysia’s long-term competitiveness and economic growth while prioritising the people through measures to ease the cost of living, raise wages and widen opportunities, said Khazanah Nasional Bhd.
