LHDN: RM17bil tax refund processed, remaining RM2bil to be disbursed by end of Dec

CYBERJAYA: The Inland Revenue Board (LHDN) has cleared RM17bil billion in tax refunds covering 3.53 million cases from Jan 1 up to Dec 18. In a statement, LHDN announced that the tax refund also includes an additional allocation of RM2bil announced by Prime Minister Datuk Seri Anwar Ibrahim recently. "A total of RM2bil has been processed and credited...

Dr Wee welcomes govt’s willingness to reintroduce GST

KUALA LUMPUR: With the Goods and Services Tax (GST) has been proven to be an excellent mechanism to generate revenue for the country, Datuk Seri Dr Wee Ka Siong says he welcomes the government's willingness to consider the idea of reinstating the taxation method. "I welcome the Economy Minister's (Rafizi Ramli) announcement yesterday that he is...