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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

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

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read