LHDN says 60 audits done on GISB in previous assessment years

PETALING JAYA: A total of 60 audits have been conducted on Global Ikhwan Services and Business Holdings (GISB) as well as related entities in previous assessment years, says the Inland Revenue Board (LHDN). It added in a statement on Monday (Sept 30) that it has issued fines to GISB for failing to pay taxes. "The compound and...

GISB never paid taxes for their businesses, says IGP

KUALA LUMPUR: Global Ikhwan Services and Business Holdings (GISB) has never paid taxes for its businesses. Inspector-General of Police Tan Sri Razarudin Husain said this was discovered based on a collaboration with the Inland Revenue Board (LDHN). "We discovered that GISB never paid any taxes for their businesses in line with the investigation under Income Tax Act...

New EV road tax rate only after exemption period ends, says Loke

PUTRAJAYA: A new road tax structure for electric vehicles (EV) will only be introduced after the exemption period ends to ensure users are not unnecessarily burdened, says Transport Minister Anthony Loke. "In 2022, the Finance Ministry provided a three-year road tax exemption to EV users, which will end in 2025, but many people (EV users) are...