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Malaria Eradication Act 1971 [Act 52] ( Repealed by the Prevention and Control of Infectious Diseases Act 1988 [Act 342] ) Income Tax Act 1967 [Act 53] Supplementary Income Tax Act 1967 [Act 54] ( Repealed by the Finance Act 1993 [Act 497] ) Subordinate Courts Rules Act 1955 [Act 55] Evidence Act 1950 [Act 56]
Tourism Tax Act 2017: 791 In force Tourism Vehicles Licensing Act 1999: 594 In force Tourist Development Corporation of Malaysia Act 1972: 72 Repealed by Act 481 Town and Country Planning Act 1976: 172 In force Town Planners Act 1995: 538 In force Trade Descriptions Act 1972: 87 Repealed by Act 730 Trade Descriptions Act 2011: 730 In force ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=Income_Tax_Act,_1961&oldid=439287073"https://en.wikipedia.org/w/index.php?title=Income_Tax_Act,_1961&oldid
Union Government sets up Arbind Modi-led panel to overhaul, simplify income tax laws. On 22 November 2017, the government formed a task force to draft a new direct tax law to replace the existing Income Tax Act, which has been in force since 1961. Arbind Modi, Member, Central Board of Direct Taxes (CBDT), will lead a six-member panel.
Income Tax Act 1976, a Statute of New Zealand; Income Tax Act 1985, an Act governing income taxes in Canada since 1917, with the current version enacted in 1985. The Income-tax Act, 1961, an Act of the Parliament of India; Individual Income Tax Act of 1944, an Act raising income tax in the United States
Racing (Totalizator Board) Act 1961 [F.M. 10 of 1961] ... Pendapatan 1967), is a Malaysian law establishing the ... The Income Tax Act 1967, in its current form (1 ...
The law of Malaysia is mainly based on the common law legal system. This was a direct result of the colonisation of Malaya, Sarawak, and North Borneo by Britain between the early 19th century to the 1960s. The supreme law of the land—the Constitution of Malaysia—sets out the legal framework and rights of Malaysian citizens.
Many tax incentives simply remove part or of the burden of the tax from business transactions. 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.