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capital gains tax

Exemption of unit trusts’ CGT, taxes on FSI to boost capital market, say analysts

The exemption of capital gains tax (CGT) is needed to boost capital market performance and also to benefit the over 90% of investments in unit trusts that are made by individual investors.

Govt approves CGT, FSI tax exemptions on unit trusts

The government has agreed to exempt the imposition of capital gains tax as well as taxes on foreign sourced income on unit trusts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Budget 2024: SST increased to 8%, capital gains tax to 10%, luxury tax to be brought in

A number of tax reform measures will be implemented next year to expand the country's revenue base and at the same time not burden the majority of the public.

Capital gains tax won’t burden the public, assures PM

Prime Minister Datuk Seri Anwar Ibrahim has assured that the capital gains tax implemented next year will not burden the people.

◉ Popular

Horror at Bangkok shopping mall as two Malaysians set on fire in unprovoked attack

A Thai man set fire to the tourists after dousing them with paint thinner, with bystanders quickly intervening to restrain him

Mutiara LRT project kicks off as Penang’s six-year construction timeline begins

SRS Consortium receives notice to proceed with first civil works; RM13 billion project slated for completion by 2031

22.4% fail SPM Maths — ‘That’s not just a number, it’s a national warning’

Poor foundational skills and declining global rankings signal long-term risks for Malaysia’s STEM talent pipeline, warns UKM academic

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