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Nation

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.

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