Budget 2015: Income tax waiver for 300,000


The Government has reiterated its commitment to cut income taxes by between 1% to 3% for the 2015 year of assessment, meaning some 300,000 individual taxpayers will no longer pay income tax.

Under Budget 2015, tax payers with family and income of RM4,000 per month will not have tax liability, Prime Minister Datuk Seri Najib Tun Razak said.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , income tax , Budget 2015 , economy , business ,

   

Next In Business News

Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
EQ expands to Thailand
Allianz quarterly top line climbs 10%
Sapura Energy ‘in a good place now’
Shedding light on power sector prospects
Affin Bank 3Q earnings jump 45%

Others Also Read