PUTRAJAYA, Dec 10 — The Inland Revenue Board has collected more than RM100 billion in revenue from 2011 to date, said its chief executive officer Datuk Mohd Nizom Sairi. “What is more gratifying is that the tax collection has been accompanied by a low cost of collection efficiency each year which does not exceed RM2 for every RM100 of direct tax collected,” he said when speaking at the HASiL and Media: An Evening to Remember event here, yesterday.
Mohd Nizom said the IRB would always formulate strategies to facilitate voluntary tax compliance based on innovation by leveraging existing resources and improvement processes made from time to time. The strategies that will be implemented include the facilitation of the affairs of taxpayers by providing various services that can be accessed online and digitally under the Go Digital for Future Services initiative.
“The IRB will also increase tax understanding and raise awareness among the people through engagement sessions and tax education activities,” he added. — Bernama
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volkswagen exploring IPO of luxury carmaker Porsche, say sources | Malay MailBERLIN, Dec 8 — Volkswagen is still exploring a possible initial public offering of its luxury brand Porsche AG as a way to fund its costly shift towards software and electric vehicles, two people familiar with the matter told Reuters on Tuesday. Speculation about a Porsche listing, which could...
Source: malaymail - 🏆 1. / 86 Read more »
Australia will not send officials to Beijing Olympics, says PM | Malay MailSYDNEY, Dec 8 — Australia will not send officials to the upcoming winter Olympics in Beijing, Prime Minister Scott Morrison said Wednesday, joining a US diplomatic boycott of the event. Canberra’s decision comes amid “disagreement” with China over a number of issues, including Australia’s...
Source: malaymail - 🏆 1. / 86 Read more »
Hamilton not ‘playing fair’ with title rival Verstappen, says Ecclestone | Malay MailPARIS, Dec 8 — Title challenger Max Verstappen has been bullied by seven-time champion Lewis Hamilton and his Mercedes team this season, former Formula One supremo Bernie Ecclestone has told AFP. Verstappen and Hamilton are tied on points heading into the final Grand Prix in Abu Dhabi...
Source: malaymail - 🏆 1. / 86 Read more »
Lure of Paris and BAM facilities provide the spark for return, says Peng Soon | Malay MailKUALA LUMPUR, Dec 8 — Age may be catching up but mixed doubles specialist Chan Peng Soon feels that he can still realise his Paris 2024 Olympics dream by returning to the Badminton Association of Malaysia (BAM) fold. The Rio 2016 Olympics silver medallist, who has just split with long-time...
Source: malaymail - 🏆 1. / 86 Read more »
Putin says Russia has ‘right to defend its security’ amid Nato tensions | Malay MailMOSCOW, Dec 8 — Russian President Vladimir Putin, speaking publicly for the first time since his high-profile talks with US leader Joe Biden, said today Moscow reserves the right to “defend its security” but refused to say if he planned to invade Ukraine. During their summit by secure video...
Source: malaymail - 🏆 1. / 86 Read more »
UK’s Johnson says sorry, orders probe into aides’ alleged lockdown party | Malay MailLONDON, Dec 8 — British Prime Minister Boris Johnson apologised and announced an internal probe today after a video emerged of senior aides joking about a Christmas party at Downing Street last year when social events were banned under Covid-19 rules. The leaked footage appears to...
Source: malaymail - 🏆 1. / 86 Read more »