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Stamp duty exemption for loan agreements for purchase of home between RM300,000 and RM2.5 million effective for sales and purchase agreements signed from 1 June 2020 to 31 May 2021. Real property gains tax exemption for disposal of up to three properties from 1 June 2020 to 31 December 2021.
This tax, known as Sales Tax, was imposed on all imported and local products, except those exempted under Sales Tax (Exemption) Order 1972, or were produced by manufacturers exempted from being licensed under Sale Tax (Licence Exemption) Order 1972. Accordingly, in 1975, the Government introduced yet another law called the Service Tax Act 1975.
The government to extend the 50 per cent stamp duty exemption on instruments of transfer and loan agreement until December 2016; The government to raise the ceiling price of "Skim Rumah Pertamaku" to RM500,000; Age of borrowers to qualify for the scheme will be increased to 40 years from 35 years
[5] In 2016, massive corruption was discovered involving the disabling of the national electronic security system at Malaysia's international airports by immigration officers profiting from bribes by human trafficking syndicates to allow illegal passage of migrants into the country, raising questions about the system's effectiveness at keeping ...
14 September: 100th Anniversary of Malaysia Agriculture, Horticulture & Agro Tourism (MAHA) 16 September: Malaysia Day; 9 October: 150 Years of the Universal Postal Union (UPU) - World Post Day 2024; 10 November: Iconic Birds of Malaysia - Hornbill; 5 December: Stamp Week 2024
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In Malaysia, federal budgets are presented annually by the Government of Malaysia to identify proposed government revenues and spending and forecast economic conditions for the upcoming year, and its fiscal policy for the forward years. The federal budget includes the government's estimates of revenue and spending and may outline new policy ...
The Ministry of Housing and Local Government (Malay: Kementerian Perumahan dan Kerajaan Tempatan), abbreviated KPKT, is a ministry of the Government of Malaysia that is responsible for urban well-being, housing, local government, town planning, country planning, fire and rescue authority, landscape, solid waste management, strata management, moneylenders, pawnbrokers.