Exemption of RPGT, Service Tax from Jan 1, 2019


  • Nation
  • Sunday, 30 Dec 2018

KUALA LUMPUR (Bernama): The government has agreed to exempt the real property gains tax (RPGT) to individual Malaysian citizens who dispose of their properties at a consideration price of RM200,000 and below.

According to a statement by Finance Minister Lim Guan Eng, the RPGT exemption, effective from Jan 1, 2019, were for the disposal of properties including low-cost houses, low-medium cost houses and affordable houses from the sixth year onwards.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Malaysia on track towards continued progress, says PM Anwar
M40 is not forgotten in government financial aid initiatives, says PM
Harakah's former printer obtains summary judgment against PAS for over RM650,000
Police Volunteer Reserve officers, personnel in Selangor promoted in ceremony
Cement truck operator killed during accident in Tawau
Traffic cops clear traffic after unclogging drains in JB
Heavy rain causes flash floods in three villages in Baling
Eight people escape tragedy after boat capsizes in Likas
Too early for Cabinet reshuffle, says Anwar
Legislation in 2024 to be people-centric, says Azalina

Others Also Read