HBA urges Govt to consider income tax waiver, reduction for M40 group

The National House Buyers' Association honourary secretary-general Datuk Chang Kim Loong

KUALA LUMPUR: The National House Buyers Association (HBA) is asking the government to consider granting an income tax ‘wholesome’ waiver or a reduction of 50 per cent for the first RM100,000 of chargeable income tax for the next two years.

The suggested amount is used as it is the threshold to receive the RM30 e-wallet in Budget 2020 and RM50 under the ePenjana initiatives.