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Finance Ministry: Taxes collected by IRB not for investment
KUALA LUMPUR: The Finance Ministry has denied claims that taxes collected by the Inland Revenue Board (IRB) will be used for investments under a proposed law amendment.
Parliament: Over RM2bil sought for additional expenses
KUALA LUMPUR: The Finance Ministry has tabled the Supplementary Supply Act 2013 requesting over RM2bil to cover specific expenses on services and purposes not provided under the Supply Act 2013.
Heated debate on allocations at state assembly
NUSAJAYA: A shouting match erupted for about 20 minutes at the state assembly sitting here after Tan Chen Choon (DAP-Jementah) insisted that all additional allocations approved to be debated first.
Jeyakumar loses appeal
PUTRAJAYA: Sungai Siput MP Dr Michael Jeyakumar Devaraj’s attempt to question constituency allocation will go unanswered after the Federal Court here denied his appeal to initiate a judicial review application concerning funds from the Special Constituency Allocation.
Penang expected to have RM262.4mil budget deficit in 2013
GEORGE TOWN: The Penang 2013 Budget tabled by the state government Friday is expected to experience a deficit of RM262.4mil.
Kedah makes fatwa absolute
ALOR SETAR: Any fatwa made in Kedah by the state mufti or Fatwa Committee cannot be challenged following an amendment to an existing law and approved by the state assembly here.
Parliament: Govt seeks RM10.29bil in additional funds
KUALA LUMPUR: The Supplementary Supply (2011) Bill 2012 was tabled in the DewanRakyat for the first reading today and seeks to apply for a total of RM10.29bil from theConsolidated Fund to pay for additional expenditure by variousGovernment agencies and ministries last year.
Decision on MP allocation case on Thursday
PUTRAJAYA: Sungai Siput MP Dr Michael Jeyakumar Devaraj will know Thursday if he can appeal to the Federal Court against a decision of the Appeals Court which had thrown out his judicial review application concerning funds from the Special Constituency Allocation.
A-G: Sabah on solid financial footing
KOTA KINABALU: The Sabah government is on a more solid financial footing with the state's consolidated fund recording an increase of more than 20% last year.
Positive report on state finances
GEORGE TOWN: Penang's financial standing has improved from 2009 to 2010.
