KUALA LUMPUR, Nov 6 -- The government will implement seven key initiatives worth RM410 million to empower the agriculture sector and food industry next year, according to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Nov 6 -- The government will freeze the issuance of new import licence for cigarette effective Jan 1, 2021 as one of the strategies to improve revenue collection and address smuggling activities especially for high duty goods.

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

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.

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

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

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.

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.

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.

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.