Public can now apply for tax deductions on cash donations to non-profit outfits


KUALA LUMPUR: Those wishing to get tax deductions from their cash contributions to non-profit organisations, including schools, may now apply to the Finance Ministry to do so.

Deputy Finance Minister Datuk Donald Lim said while an amendment to the Income Tax Act 1967 was currently being prepared to implement the move, the public was welcome to apply directly to the ministry.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Next In Nation

Special lecture series to mark 50 years of Malaysia-China ties
Sunway Medical Centre wins Hospital of the Year award again
Put aside politics and work together to resolve migrant issues, Sabah assembly urged
Banning 24-hour eateries won't help obesity but will hurt economy, says Primas
EPF Account 3 to go live on May 11 (Poll Inside)
EPF members can withdraw minimum of RM50 from Account 3 at any time (Poll Inside)
Copter tragedy: Ministry to provide education aid to victims' children
KLIA shooting suspect brought to Selangor to face two more charges
Operational changes to Sunway BRT route in conjunction with the ‘Under Armour Dual’ event
Pets, strays need protection from heatwave, say experts

Others Also Read