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malaysia

Overview of MRT Putrajaya Line

(adsbygoogle = window.adsbygoogle || ).push({}); The second line of the Klang Valley MRT Project - the Putrajaya Line will commence for full service on 16 March 2023. The alignment has a length of 57.7km, consisting of 44.2km of elevated tracks and 13.5km underground tunnels. It has 36 operational stations of which 27 are elevated and 9 underground. A further 5 provisional stations have...

List of Income Tax Relief for Malaysians (2023)

(adsbygoogle = window.adsbygoogle || ).push({}); March and April are the months to file your taxes for employees across Malaysia. This time of year, everyone is busy filling out tax forms and fulfilling their responsibilities as office workers. Although employees need to pay taxes when their annual salary reaches a specified amount, the government also provides tax relief...

New Malaysia Budget 2023 : Real Estate-Related Highlights

(adsbygoogle = window.adsbygoogle || ).push({}); With the announcement of the new Malaysian Government, the revised Budget 2023 has been tabled on 24 February 2023. YAB Dato’ Seri Anwar bin Ibrahim, Malaysia’s 10th Prime Minister and Minister of Finance presented the Budget 2023 in the Dewan Rakyat after being elected in Government in the 15th Malaysian General Election. Latest...

How to File Your Income Tax in Malaysia

(adsbygoogle = window.adsbygoogle || ).push({}); One of the things that we often overlook when filing income tax, is that if you’re new to filing taxes, you might have these misconceptions: Filing income tax is only for those who earn more than RM XXX annually. Filing income tax = Paying tax Filing income tax is troublesome and involves a lot of procedures But...

New Malaysia Budget 2023 Highlights

(adsbygoogle = window.adsbygoogle || ).push({}); With the announcement of the new Malaysian Government, the revised Budget 2023 has been tabled on 24 February 2023. YAB Dato’ Seri Anwar bin Ibrahim, Malaysia’s 10th Prime Minister and Minister of Finance presented the Budget 2023 in the Dewan Rakyat after being elected in Government in the 15th Malaysian General Election. Latest...

person pointing on the screen of a laptop

What to Know about Cukai Pintu, Cukai Taksiran, Cukai Tanah, and Cukai Petak

(adsbygoogle = window.adsbygoogle || ).push({}); When it comes to real estate, it is not just about the initial costs when buying a property, but also the additional costs that comes with owning one. In Malaysia, these are the costs (or taxes) to take note of: property assessment tax (cukai pintu or cukai taksiran), quit rent (cukai tanah), and parcel rent (cukai petak). Watch YouTube...

Infographic of Malaysia’s Property Outlook in H1 2022

(adsbygoogle = window.adsbygoogle || ).push({}); Malaysia’s National Property Information Centre (NAPIC) recently released its Property Market Activity and Status reports for the first half of 2022 (H1 2022). The property market has shown an improvement since the COVID-19 pandemic, seeing a notable growth year-on-year. Learn more about Malaysia’s H1 property market in 2022...

DASH Highway Malaysia

(adsbygoogle = window.adsbygoogle || ).push({}); Photo source: The Star Damansara-Shah Alam Elevated Expressway (DASH) highway was finally opened to the public on 14th October 2022. The 20.1km highway will reduce traffic congestion in several locations by up to 40% during peak hours, providing an alternative route from Shah Alam, Kota Damansara, Subang airport, Damansara Perdana,...

scenic view of city during evening

Malaysia’s Income Classifications: Meaning of B40, M40, T20, and B50

(adsbygoogle = window.adsbygoogle || ).push({}); B40, M40, T20 in Malaysia. Everyone has heard of these income-related terms before. Household per capita income is considered as family income that only households occupied by two/more people related by marriage, birth, or adoption, and it measures the income earned by each individual in a given area. According to the 2019 statistics in...

Malaysia’s Budget 2023: Key Points You Should Know

(adsbygoogle = window.adsbygoogle || ).push({}); The Budget 2023 tabled on October 7, 2023 has been a highly-anticipated event in the country, with many expectations surrounding it. Tengku Zafrul, Malaysia’s Minister of Finance presented the Budget 2023 in the Dewan Rakyat, the final budget for the current Parliament before the upcoming 15th Malaysia General Election that will be held...

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