KUALA LUMPUR, Oct 14 — The allocation of over RM19 billion, an increase of over RM500 million for the Home Ministry (KDN) in Budget 2024, shows the government’s seriousness in...
Deloitte, Ernst & Young: With Malaysia’s new capital gains tax, real property gains tax needs amendment to avoid double taxation
Minister Datuk Seri Saifuddin Nasution Ismail said the allocation allows various efforts to be implemented in addressing the issue of revenue leakages and smuggling, apart from enhancing integrated operations carried out by the Malaysian Immigration Department, the police and other enforcement agencies.
“The overall increase in KDN’s allocation compared to 2023 shows the importance of the ministry as a catalyst for the Madani Economy: Strengthening National Unity & Security framework,” he said in a statement tonight.
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