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

Conditions improving for offshore support vessels
Epicon exits PN17 category
Lotte Chemical remains cautious going forward
Westports registers 11% jump in 1Q earnings
UOA-REIT expects challenges
Kawan Renergy poised to do well in renewables
Ringgit rebounds to end higher against greenback
Bursa Malaysia ends firmer on bargain hunting
Sunway potential FBM KLCI constituent stock
MABE focused on parent company

Others Also Read