Find out how Prime Minister Anwar Ibrahim is pushing for stricter tax enforcement and increased revenue collection by LHDN in Malaysia!
Prime Minister Anwar Ibrahim is adamant about tackling tax evasion head-on. In a recent address to the Inland Revenue Board (LHDN), Anwar emphasized the importance of enforcing tax laws uniformly, regardless of one's position or title. He urged LHDN to be relentless in their pursuit of tax evaders, sending a clear message that everyone must fulfill their tax obligations.
To streamline tax processes, the income tax e-Filing for the Year of Assessment 2023 has been launched. Individuals and non-individual taxpayers can now conveniently submit their tax returns online, marking a significant step towards efficient tax compliance in Malaysia.
Anwar's optimism shines through as he expresses his hopes for increased revenue collection by LHDN. Despite challenges, Anwar sees great potential for surpassing the projected RM197 million collection target, illustrating his confidence in LHDN's capabilities.
Additionally, Anwar stresses the need for stern action against tax evaders, highlighting that no one, regardless of their wealth or status, should evade paying their dues. The Prime Minister's firm stance underscores the government's commitment to upholding tax integrity and fairness.
As Anwar continues to champion tax compliance, Malaysia's tax base remains a concern. With the Sales and Service Tax (SST) on the rise, Anwar points out that the country's tax base is significantly low at just 11.2% of the gross national income. This revelation underscores the ongoing challenges in expanding the tax base and ensuring sustainable revenue generation for national development.
CYBERJAYA: The Inland Revenue Board (LHDN) should be stricter in its enforcement and everyone should pay their taxes regardless of position, ...
PUTRAJAYA: Individual and non-individual taxpayers can submit their Tax Return Form for the Year of Assessment 2023 through e-Filing starting today, ...
Prime Minister Datuk Seri Anwar Ibrahim hopes the Inland Revenue Board (LHDN) will be able to collect more revenue than the board's projection of RM197 ...
Prime Minister Anwar Ibrahim says the Inland Revenue Board must not give the impression that the affluent can evade paying what is due.
CYBERJAYA: Datuk Seri Anwar Ibrahim wants the Inland Revenue Board (LHDN) to carry out tax collection duties with greater firmness, regardless of the ...
SEPANG, March 1 โ Prime Minister Datuk Seri Anwar Ibrahim today said Malaysia's tax base continued to be low, being the equivalent of 11.2 of the country's ...
SEPANG: Prime Minister Datuk Seri Anwar Ibrahim today said Malaysia's tax base continued to be low, being the equivalent of 11.2 of the country's gross ...