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  2. Tax incentives in Malaysia - Wikipedia

    en.wikipedia.org/wiki/Tax_incentives_in_Malaysia

    In Malaysia, the corporate tax rate is now capped at 25%. Nevertheless, a company eligible for a certain tax incentive might only pay an average effective tax rate of 7.5%, with only 30% of the company's profit being subjected to tax. This is a good example of how the companies benefit through the incentives provided by the Malaysian Government.

  3. Economy of Malaysia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Malaysia

    According to a HSBC report in 2012, Malaysia is expected to become the world's 21st largest economy by 2050, with a GDP of $1.2 trillion (Year 2000 dollars) and a GDP per capita of $29,247 (Year 2000 dollars). The report also says "The electronic equipment, petroleum, and liquefied natural gas producer will see a substantial increase in income ...

  4. Malaysia offers incentives to boost growth in 2020 budget

    www.aol.com/news/malaysia-offers-incentives...

    The budget, unveiled in Parliament on Friday, forecast economic growth will inch up to 4.8% from 4.7% this year as the U.S.-China trade war casts a shadow over global growth.

  5. Goods and Services Tax (Malaysia) - Wikipedia

    en.wikipedia.org/wiki/Goods_and_Services_Tax...

    Its purpose was to replace the sales and service tax which has been used in the country for several decades. The government is seeking additional revenue to offset its budget deficit and reduce its dependence on revenue from Petronas, Malaysia's state-owned oil company. The 6% tax will replace a sales-and-service tax of between 5–15%. [4] [5]

  6. Aid and relief efforts during the COVID-19 pandemic in Malaysia

    en.wikipedia.org/wiki/Aid_and_relief_efforts...

    In addition, the central bank Bank Negara Malaysia also cut interest rates to 1%. [4] The details of the plan are: Budget of RM500 million to the Ministry of Health to enhance the health and resources of the ministry. The government raises special allowances for healthcare workers from RM400 to RM600 a month from 1 April until the end of the ...

  7. Malaysia's Aug inflation rate at 0.2 pct y/y, a 3-1/2-year low

    www.aol.com/news/malaysias-aug-inflation-rate-0...

    The annual inflation rate was below the 0.4 percent rise forecast by a Reuters poll, and was the lowest since February 2015, when it was at 0.1 percent. ... Malaysia's consumer price index in ...

  8. Twelfth Malaysia Plan - Wikipedia

    en.wikipedia.org/wiki/Twelfth_Malaysia_Plan

    The blueprint is a continuation to the 11th Malaysia Plan with a clear strategic direction to allocate the national budget from 2021 to 2025 in regard to all economic sectors in Malaysia. The blueprint was tabled by Prime Minister Ismail Sabri Yaakob in Dewan Rakyat, Parliament on 27 September 2021. [2]

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