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.
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.
Five-judge panel dismisses Bersatu president’s application to review findings which led to four charges related to RM232.5 mil in bribes being reinstated in Feb
A look at the events surrounding the stabbing of a 16-year-old student, with ongoing investigations into the suspect's motives and the role of online violence
A 21-year-old Penang Sukma rugby player died after collapsing during a training session in Kulim, with police classifying the case as a sudden death pending further investigations and a post-mortem examination