Malaysia trails behind neighbouring countries in tax revenue collection
KUALA LUMPUR, Feb 12 — Malaysia is one of the lowest tax revenue collectors in Southeast Asia, with a tax-to-gross domestic product (GDP) ratio of...
MBSA targets RM530 mln tax collection this year
By Siti Rohaizah Zainal SHAH ALAM, Jan 14 — The Shah Alam City Council (MBSA) is targeting tax collection this year of RM530 million, said...
Federal govt’s 2022 revenue increases 25.9 pct — A-G’s Report
KUALA LUMPUR, Oct 10 — The Federal government’s revenue has increased by 25.9 per cent or RM60.61 billion to RM294.36 billion in 2022, compared to...
Daily tax collection records 20 pct increase compared with last year — LHDN
CYBERJAYA, May 10 — The tax collection showed a positive trend with daily collection recording a 20 per cent increase this year compared with last...
Digitalisation helps cushion economic impact of Covid-19 pandemic
By Amin Ridzuan Ishak SHAH ALAM, Nov 8 — The digitalisation initiatives empowered by the state government, including expanding online payment, have succeeded in reducing...
Direct, indirect tax collection stands at RM67.4 bln and RM24.8 bln respectively as of July 2021
KUALA LUMPUR, Aug 31 — The direct and indirect tax collection stood at RM67.4 billion or 56.2 per cent of the target and RM24.8 billion...
Customs dept targets RM40 bln from taxes this year
ALOR SETAR, March 21 — The Royal Malaysian Customs Department is targeting to collect RM40.7 billion in taxes this year, or higher than RM38.6 billion...
IRB revises downwards 2020 tax collection target
PUTRAJAYA, Sept 30 — The Inland Revenue Board (IRB) is revising downwards its tax collection target for 2020 from the RM154 billion projected in January,...