Govt cuts property tax by 25% for affordable homeowners in Kuala Lumpur, introduces 'Madani Neighbourhood' initiative
The discount will affect more than 25,000 owners under the Rumawip, PR1MA, PPAM and regional residency housing in the city.
Ekovest's 3Q net loss doubles on higher interest, tax expenses
The last time Ekovest fell into the red was in 4QFY2022, with a net loss of RM123.
Tourism and retail groups urge government to withdraw luxury tax plan
The groups believe the proposed luxury tax is a "lose-lose proposition" where the country will "lose foreign tourist arrivals and lose Malaysians from buying locally, coupled with the loss of foreign exchange".
Compensation for forcefully acquired properties should not be subject to income tax, rules apex court
“No law shall provide for the compulsory acquisition or use of property without adequate compensation.
A guide on rental income tax for residential properties
With a fast approaching deadline on April 30 for manual submission and May 15 via e-Filing, many will be rushing to complete our tax filing.
Budget 2022: Malaysia needs GST to weather turbulence ahead, say experts
KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.
PEPS: Minimal impact of Budget 2022 on property market
PETALING JAYA (Oct 29): Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong (pictured) says the Budget2022 will bring only minimal impact to the property market.
CBRE | WTW: No waivers and mention of MM2H, a neutral Budget for property sector
PETALING JAYA (Oct 29): CBRE | WTW group managing director Foo Gee Jen (pictured) maintained a neutral outlook for the real estate industry in light of the tabling of Budget 2022 today.
REHDA: Removal of RPGT will help invigorate property market
PETALING JAYA (Oct 29): Real Estate and Housing Developers’ Association Malaysia (REHDA) lauded the government’s proposal to waive real property gains tax (RPGT) for properties sold on the sixth year onwards in the Budget 2022 announcement today.
What you MUST know about Budget 2022: For the real estate sector
KUALA LUMPUR (Oct 29): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2022 today.
