Be careful if you sing Despacito in public since it’s now considered an obscene song, you could be fined! Don’t believe us? Read on. We found some offences that most Malaysians (ourselves included) may not know are illegal. Some are quite funny, while some are disturbing.
The latest moratorium that recently started on July 7th 2021 is the second one the government has announced since the pandemic began. There are some differences between this moratorium and the previous one.
The reintroduction of the Sales and Services Tax (SST) will see its rate set at 10% for sales and 6% for services. This was announced by Finance Minister Lim Guan Eng on 16 July 2018, who informed that the Bill on SST will be passed in Parliament sometime in August.
If your finances are still affected by the pandemic, rest assured knowing that Bank Negara Malaysia (BNM) has confirmed that repayment assistance will extend until 2021. This article explains everything you need to know about the targeted assistance, read more to find out.
Bank Negara Malaysia (BNM) has recently announced that it will establish additional financing measures to provide relief and support to small and medium enterprises (SMEs), following the release of Budget 2021 by the Ministry of Finance last week.
About 500,000 applications for repayment assistance have been received by Bank Negara Malaysia (BNM) as Malaysians transition into targeted repayment assistance following the end of the six-month loan moratorium period on October 1, according to BNM.
The Malaysian government recently announced the 3 months loan moratorium extension and targeted bank assistance update. This directly benefits SMEs, individuals who lost their jobs and those who have had their salary cut due to COVID-19 pandemic. Read more to find out how you can apply for this extended moratorium.
Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020.
