[ad_1] PETALING JAYA: All kinds of electronic and non-electronic cigarette devices, including liquid, will be subject to excise duties, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said that a special tax at an ad valorem rate of 10% would be imposed on all types of electronic and …
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[ad_1] PETALING JAYA: Youth ages 18-20 will receive a one-time RM 50 credit to their e-wallet through the eYouth Program. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said that RM75mil had been allocated to the program and would benefit 1.5 million young people across the country. “Young people play …
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[ad_1] KUALA LUMPUR: The Malaysian government intends to continue with the Kuala Lumpur-Singapore high-speed rail (HSR) project as it may “generate a positive multiplier effect on the national economy,” said Finance Minister Tengku Zafrul. Aziz. on Friday (November 6). However, this also depends on ongoing discussions with the Singapore government, …
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[ad_1] PUTRAJAYA: The Ministry of Health has reported 1,755 cases of Covid-19 and two deaths in the last 24 hours. This is the fourth day in a row that Malaysian cases have hit four digits. Chief Health Officer Dr. Noor Hisham Abdullah said there were 726 recoveries, bringing the total …
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[ad_1] KUALA LUMPUR: The 2021 budget has proposed that the country’s four major rubber glove manufacturers will contribute a total of RM400,000 to efforts to combat the Covid-19 pandemic. The four firms comprise Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd. In presenting …
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[ad_1] Main points of the Fiscal Report for 2020 and 2021 Federal Government Expenditure for 2021 * RM322.5bil or 20.6% of GDP for the 2021 budget where RM236.5bil of 73.3% for operating expenses, RM69bil or 21.4% for development expenses, RM17bil (5.3%) for the Covid-19 fund. * Sector allocation excluding the …
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[ad_1] KUALA LUMPUR: In a last minute decision, Dewan Rakyat Chairman Datuk Azhar Azizan Harun allowed all lawmakers to enter the House and listen to the presentation of the 2021 Budget. This followed calls from both sides of the bloc to urge the president to allow all MPs to sit …
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[ad_1] Key Points from Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz’s 2021 Budget Speech * The government pledged to continue with the high-speed train project, also announced RM3.8b of new transportation infrastructure works. * EPF will continue the development of Kwasa Damansara with a gross development value of RM50b. …
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[ad_1] PETALING JAYA: The government will increase the tax allowance limit for medical treatment of serious illnesses, as well as a comprehensive health examination, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Tengku Zafrul said that the tax allowance limit for medical treatment of serious illnesses would be increased …
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[ad_1] It’s Friday, which means it’s time for the latest weekly fuel price updates for next week from November 7 to November 13, 2020. Cheer, as both gasoline and diesel will be cheaper next week. The finance ministry has announced that Euro 4M petrol of RON 95 will be priced …
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