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foreign-sourced income

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.

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Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

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