IPOH: The gradual rollout of the government’s fuel subsidy retargeting plan may soon see the top 15% income group (T15) excluded from receiving the Budi Madani RON95 (BUDI95) subsidy. This is in line with efforts to ensure a smoother transition, says Muhammad Kamil Abdul Munim. Muhammad Kamil, who is the political secretary to the Finance Minister, said...
KUALA LUMPUR: Follow-up audits have successfully recovered RM159mil since last year, says Datuk Seri Anwar Ibrahim. The Prime Minister said the Madani government had implemented various reforms to ensure greater accountability and restore public confidence. "We also established a Serious Irregularities Commission to deal swiftly with critical breaches. "Since 2024, follow-up audits have already recovered and safeguarded RM159mil,"...
KUALA LUMPUR: There are no plans to implement a single tax agency by corporatising and merging the Royal Malaysian Customs Department and the Inland Revenue Board (LHDN), says Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also Finance Minister, said the government remains committed to improving governance in the national taxation system to be more...
PUTRAJAYA: Datuk Seri Anwar Ibrahim has reminded all parties not to belittle the RM100 additional cash aid for Malaysian citizens aged 18 and above under the Sumbangan Asas Rahmah (Sara) programme. The Prime Minister said that while the amount may seem small to high-income earners, it means a lot to rural communities and low-income groups. "(Critics say)...
LONDON: New UK Prime Minister Keir Starmer named Rachel Reeves as Britain's first female finance minister and Angela Rayner as his deputy on Friday (June 27) as he began putting together the team that will help him deliver on his promise to rebuild the country. Reeves, 45, a former Bank of England economist, spent her time...
KUALA LUMPUR: As a single mother with two children, the additional RM600 in Rahmah Cash Aid (STR) means a lot to Ansaya Dayang Gimbang. The 35-year-old, who washes clothes for a living here, said she was nearly suffocated by the high cost of living with her mere RM1,500 income per month. She said the STR increase from...
