Datuk Seri Najib Razak’s lawyer today argued against the Inland Revenue Board’s (IRB) attempt to obtain a summary judgment in its RM1.69 billion tax arrears suit against the former prime minister without going through a full trial. The New Straits Times reports: Tan Sri Muhammad Shafee Abdullah said the application by the IRB to get […]
Tag Archives: Income Tax Act 1967
November
23
Amendment to Income Tax Act 1967 passed to help individuals, businesses cope with challenging times
posted by admin
A bill to amend the Income Tax Act 1967 was passed in the Dewan Rakyat today, providing various tax reliefs for individuals and businesses to face a more challenging economic situation next year. Among others, a lifestyle relief was introduced where taxpayers could claim up to RM2,500 for the purchase of reading materials, computer and […]
