KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's gross domestic product (GDP) growth forecast of 4.2 per cent to 5.2 per cent for 2027 takes into account global uncertainties, including ongoing developments overseas, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.
KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.
By Yeoh Cheng Guan
Partner, Indirect Tax, Ernst & Young Tax Consultants Sdn Bhd
KUALA LUMPUR, Oct 6 (Bernama) -- As Budget 2027 approaches, discussions on Malaysia’s indirect tax landscape are once again taking centre stage.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.
By Karina Imran
KUALA LUMPUR, Oct 3 (Bernama) -- Financial service providers stand ready to extend appropriate relief and support to the families of the victims affected by the recent floods along the Nepal-China border, in line with applicable laws and regulatory requirements, said Bank Negara Malaysia (BNM).
LABUAN, Oct 2 (Bernama) -- The Small and Medium Enterprises (SME) Association of Labuan has called for the service tax exemption under Section 48 of the Service Tax Act 2018 to be applied to services performed entirely in Labuan under Budget 2027.
By K. Naveen Prabu
KUALA LUMPUR, Oct 2 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has called on the government to provide tax relief for critical coverage such as business interruption insurance to improve the affordability and accessibility of insurance protection.
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia rebounded to open marginally higher on Friday, as easing US Treasury yields and a measured tone from the Federal Reserve provided some relief to market sentiment.
