Malaysian Prime Minister Anwar Ibrahim signaled that the Southeast Asian nation may be considering additional taxes to boost state revenue and meet the target of almost halving the fiscal deficit by 2025.
Malaysia will “broaden the tax base, diversify tax sources as well as improve taxation through technology,” the premier who also serves as finance minister, told parliament Monday as he unveiled the mid-term review of the 2021-2025 economic blueprint. “Among the new taxes being formulated for implementation in 2024 is the Capital Gains Tax,” he said, without providing details.
“I think we will keep the options open on other income revenues whether they be from direct or indirect taxes,” Economy Minister Rafizi Ramli said in a briefing that followed Anwar’s remarks. The plan to introduce capital gains tax next year had long been relayed by this government. The premier, who faced criticism after a key ally was freed of graft charge, sought to reassure investors that Malaysia can restore financial prudence and meet the target of becoming a high-income nation by 2025. One lawmaker from Anwar’s ruling coalition said on Sunday he will join the opposition to protest a decision to drop charges against Deputy Prime Minister Ahmad Zahid Hamidi.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New tier, new season and new opportunities for the Grandview SteelersBurnaby's junior hockey team now has an 'A' to its name. What that means for players and fans alike.
Lire la suite »
Conception Harbour, owed hundreds of thousands in unpaid taxes, can't pick up the trashThe mayor of Conception Harbour says the rural Newfoundland town is owed hundreds of thousands of dollars in unpaid taxes and municipal grants, and until the situation is resolved, services like garbage collection and town lighting will suffer.
Lire la suite »
Director X Hints About Working With Nelly Furtado AgainSpeaking to ET Canada’s Carlos Bustamante on the red carpet for the 2023 Artists for Peace and Justice Gala during the Toronto International Film Festival, Canadian filmmaker Director X says he’ll have a “conversation” about working with Nelly Furtado again after directing her 2006 music video for “Promiscuous”.
Lire la suite »
G20 admits African Union as permanent member at New Delhi summitBy Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) -The African Union was made a permanent member of the G20, comprising the world's ...
Lire la suite »
For Ottawa's first PWHL players, new hockey league a dream come trueOlympians Emily Clark, Brianne Jenner and Emerance Maschmeyer have each signed three-year deals with the city's still unnamed hockey team ahead of the upcoming draft.
Lire la suite »
New course dunks students in Lake OntarioA new course is offering Kingston university students an opportunity to immerse themselves in Lake Ontario, both figuratively and literally.
Lire la suite »