ECONOMIC REPORT LIST

Budget 2021: Govt to extend PRS tax relief, ETF stamp duty exemption

KUALA LUMPUR, Nov 6 -- The government will extend the income tax relief period on Private Retirement Scheme (PRS) contributions by individual taxpayers.  


Budget 2021: RM5.1 bln development allocation for Sabah, RM4.5 bln for Sarawak

KUALA LUMPUR, Nov 6 -- Sabah and Sarawak will respectively be receiving RM5.1 billion and RM4.5 billion in development allocation for next year, as provided under Budget 2021 tabled at Dewan Rakyat today.


Details on targeted EPF account 1 withdrawal facility to be announced on Nov 11

KUALA LUMPUR, Nov 6 -- The Employees Provident Fund (EPF) will provide further details on the targeted EPF Account 1 withdrawal facility on Nov 11.


Govt proposes to expand income tax exemption for green SRI sukuk

KUALA LUMPUR, Nov 6 -- The government has proposed to extend the existing income tax exemption for green Sustainable and Responsible Investment (SRI) sukuk grant.


Budget 2021 to drive business, economic sectors -- PM

KUALA LUMPUR, Nov 6-- Budget 2021 will ensure that the business and economic sectors continue to be driven through various specific measures, said Prime Minister Tan Sri Muhyiddin Yassin.


Resident individuals' income tax rate reduced by 1 percentage point

KUALA LUMPUR, Nov 6 -- The government has announced a one-percentage point reduction in income tax for resident individuals for the chargeable income band of RM50,001 to RM70,000, which is expected to benefit 1.4 million taxpayers.


Budget 2021 proposes stamp duty exemption for purchase of first house worth up to RM500,000

KUALA LUMPUR, Nov 6  -- Budget 2021 has proposed a full stamp duty exemption on both instrument of transfer and loan agreement for the purchase of first house worth up to RM500,000 to encourage home ownership among the people.


500,000 new jobs next year through Janakerja Scheme - Tengku Zafrul

KUALA LUMPUR, Nov 6 -- The government will implement an Employment Generation Guarantee Scheme (JanaKerja) involving the provision of 500,000 new jobs beginning next year.


Govt dishes out country's largest budget of RM322.5 bln to beef up healthcare, economy

KUALA LUMPUR, Nov 6 -- A total allocation of RM322.5 billion has been proposed for Budget 2021, the biggest ever in the country’s history, to shore up the economy, safeguard livelihoods and beef up the frontliners to secure the country's steady path of recovery from a healthcare crisis that spooked the world.


Budget 2021: RM1.7 billion subsidies to assist farmers, fishermen - Tengku Zafrul

KUALA LUMPUR, Nov 6 -- A total of RM1.7 billion will be allocated in the form of subsidies, assistance and incentives to farmers and fishermen under Budget 2021.




HIGHLIGHTS


EXCLUSIVE

BNC LIVE


BUDGET SPEECH



© 2024 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution