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Budget 2019: MIPEAC lauds government’s effort to resolve market mismatch problems

Nov 02

PETALING JAYA (Nov 2): Budget 2019 is a very comprehensive budget that encourages homeownership while aiming to resolve the mismatch in property demand and supply, said Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) deputy president See Kok Loong (pictured).

Budget 2019: No big impact expected from higher RPGT, say industry experts

Nov 02

PETALING JAYA (Nov 2): While the Real Property Gains Tax (RPGT) rate will be increased after the fifth year, industry experts believe it will not adversely impact the property market as the quantum of increase is rather minimal.

BN proposes 3% GST in alternative Budget 2019

Nov 02

KUALA LUMPUR (Nov 2): The Barisan Nasional (BN) opposition coalition has presented its alternative budget for 2019 with an expected government revenue of RM247.

Expect measures to raise homeownership and tackle overhang in Budget 2019, say analysts

Oct 28

PETALING JAYA: Budget 2019 will continue to be geared towards affordable housing policies.

'Avoid new taxes and maintain RPGT rate in Budget 2019'

Oct 20

PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen.

Govt to raise indirect taxes, non-tax revenue

Oct 18

KUALA LUMPUR (Oct 18): Revenue will continue to be diversified by increasing the contribution of indirect taxes and non-tax revenue such as licenses, permits, fees and rentals, said the mid-term review of the 11th Malaysia Plan.

More taxes for Malaysians

Oct 10

KUALA LUMPUR (Oct 10): Malaysians might have breathed a sigh a relief too soon after the goods and services tax was removed a few months ago as the government will be introducing more taxes to pare down the whopping national debts.

MBPP to absorb SST on parking fees at council lots

Oct 08

PETALING JAYA (Oct 8): Majlis Perbandaran Pulau Pinang (MBPP) will absorb the 6% charge from the Sales and Service Tax (SST) imposed on parking fees for council lots, reported The Star.

Report: Will there be new taxes on inheritance and capital gains?

Oct 06

KUALA LUMPUR (Oct 6): The Edge Malaysia asked this question as part of its cover story this week: Will we see new taxes on inheritance and capital gains? “Talk of new taxes being introduced normally intensifies as the tabling of the annual budget approaches.