GEORGE TOWN, Nov 4 -- Non-governmental organisations (NGOs) are hoping that tax exemptions and extension of previous financial stimulus packages introduced by the federal government can be introduced in Budget 2021.
Buddhist Tzu Chi Merits Society Malaysia commissioner Khoo Boo Leong hoped that the federal government would continue to extend the tax exemption for NGOs.
He said that many NGOs were feeling the impact of the COVID-19 pandemic.
“This year alone, we had spent RM6 million for COVID-19 and in many cases, societies and communities are coming forward for assistance due to the long outbreak, which had caused increasing unemployment and lesser donations in the basket,” he told Bernama today.
Budget 2021 is scheduled to be unveiled in Parliament on Friday.
Meanwhile, One Hope Charity and Welfare Berhad president Chua Sui Hau said the federal government should extend the programmes and incentives introduced in the PRIHATIN package to aid low-income families affected by the pandemic.
He said having suitable economical assistance can greatly reduce the burden of families affected by the pandemic, especially those within the B40 community.
“I also hope that the government can be more attentive toward medical frontliners’ welfare and continue to provide cash incentives for those involved in the battle against COVID-19,” he said.
He also said although the One Hope Charity and Welfare’s fundraising activities had been slower than last year, it still managed to gather sufficient medical funds to help the needy for the time being.
“Even though the outbreak has affected many, our donors are still able to provide sunshine to beneficiaries,” he added.
-- BERNAMA
KUALA LUMPUR, Nov 12 -- The impact from Budget 2022 on the fixed income market is almost negligible, given that there were no major surprises in terms of the country’s debt financing requirement and fiscal position, said Manulife Investment Management (Manulife).
KUALA LUMPUR, Nov 11 -- Budget 2022 tax initiatives may not contribute significantly to government revenue and there is a need to look for other ways to increase it for the sustainable economic growth of the country, according to a tax expert.
KUALA LUMPUR, Dec 16 -- Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said.
MANCHESTER, Oct 16 -- Industry players say the 2020 Budget tabled last Friday clearly reflects the government's commitment to developing the domestic logistics sector by addressing o...
Exclusive report by Jailani Hasan
LABUAN, Oct 16 --The Labuan Chamber of Malay Entrepreneurs ( DUML) has hailed the 2020 Budget presented by Finance Minister Lim Gu...
Exclusive report by Mohd Fharkhan Abdul Ghapar
KUALA LUMPUR, Oct 15 (Bernama) -- The government is advised to refine the implementation of the 90-day maternity ...
KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.
KUALA LUMPUR, Nov 16 -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...
KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...
© 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