The Finance Bill (No. 2) 2023 was tabled by Deputy Finance Minister II Steven Sim after its third reading to amend the Income Tax Act 1967, Real Estate Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Labuan Business Activity Tax Act 1990, and the Entertainment Duties Act 1953.
New law aims to curb harmful content and limit under-16 access on social media, Platforms must implement age verification and safeguard children from digital risks
