Gross direct tax collection increased by 11.13% to RM137.03bil for 2018


Finance Minister Lim Guan Eng says Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war.

PETALING JAYA: Malaysia's gross direct tax collection for 2018 increased by 11.13%, says Lim Guan Eng (pic).

The Finance Minister announced that the Inland Revenue Board collected RM137.03bil last year, an increase of about RM13bil from 2017.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Negri polls: No reason to fear 'green wave', says Dr Sam
M'sia to develop own mechanism to manage refugees, asylum seekers, says Zahid
Negri polls: Perikatan Nasional to contest 11 seats, says Dr Sam
Negri polls: Perikatan's decision to contest 11 seats reflects new political alignment, says Hamzah
Johor exco line-up expected to be sworn in on July 17
Works Ministry strengthens infrastructure resilience with risk-based safety planning
Melaka Pakatan reaffirms decision to withdraw from state administration
Strategic approach, commitment by all needed to create safe school ecosystem, says Fadhlina
Sepanggar missing girl case reclassified as murder, two men arrested
Media plays bigger role in Sarawak than just reporting the news, says DPM Fadillah

Others Also Read