Search

RM185 bln tax collection target for 2023 achievable

CYBERJAYA: The Inland Revenue Board (IRB) is expected to achieve its tax collection target of RM185.02 billion for 2023 considering that it had collected RM151.49 billion in taxes as at Oct 31 this year, said Deputy Finance Minister I Datuk Seri Ahmad Maslan. He said the tax collection target was achievable as various efforts and […]

Sarawak chalks RM14.9 billion in sales tax

BETONG: The total collection of State Sales Tax (SST) from 2019 until October 6 this year is RM14.9 billion, said Deputy Premier Datuk Amar Douglas Uggah Embas. He said Sarawak is entitled to impose a state law to collect petroleum products sales tax from 2019 onwards. “It’s not easy to ask for this right (SST).With […]

Customs dept targets RM40 bln from taxes this year

ALOR SETAR: The Royal Malaysian Customs Department is targeting to collect RM40.7 billion in taxes this year, or higher than the RM38.6 billion in 2020. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz is confident that the department could achieve the target even though the country still has to contend with the sting of the […]