Those earning over RM2m a year to be taxed 30%

KUALA LUMPUR (Oct 11):  The government will introduce a new tax band for those earning over RM2 million a year, which will see them taxed 30% — two percentage points more than the 28% currently applied to those earning over RM1 million.

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Budget 2020: RPGT base year to be revised

PETALING JAYA (Oct 11): The government will revise the real property gains tax (RPGT) imposed on the disposal of properties after a five-year period, by individual citizens and permanent residents.

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