IRB aims to be independent


The Inland Revenue Board (IRB) headquarters in Cyberjaya. - Filepic

PETALING JAYA: The Finance Minis­try is expected to table a proposal in Parliament to give the Inland Reve­nue Board (IRB) a mea­sure of financial independence by allowing it to keep a fixed percen­tage of the revenue collected.

Sources said IRB would be allowed to keep 1.5% of the takings, provided it hit the collection target.

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