Budget 2022: LIAM proposes tax relief for medical, health insurance premiums be increased | New Straits Times

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NSTnation The Life Insurance Association of Malaysia (LIAM) has proposed that tax relief for medical and health insurance premiums be increased under Budget 2022. Insurance TaxRelief Health Medical Budget2022

 

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Currently stamp duty is imposed on PA insurance n the like , by policy not by insured. Change this to by insured not by the number of policies taken. Instead of paying for the stamp duty, the money can be used to have more coverage.

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