Revised Guidelines on the Application for Approval under Section 44(11C)
The Ministry of Finance (MOF) has updated the guidelines published on its website on April 1, 2022, regarding the application for approval of COVID-19 Relief Funds under Section 44(11C) of the Income Tax Act. The Guidelines are in Bahasa Malaysia and are named “Garis Panduan Permohonan Untuk Kelulusan Di Bawah Subseksyen 44(11C), Akta Cukai Pendapatan […]
Revised Special Guidelines: Income Tax Deduction for Community/Charity Projects to curb Covid-19
The announcement that contributions (in cash or in-kind) to overcome the COVID-19 outbreak is allowed for deduction under s 34(6)(h) of the Income Tax Act was made by the Government on March 23, 2020. A guideline was then issued by the Ministry of Finance (MOF) to explain the conditions and procedures in such claims. Further, […]
Amendment of Section 60F – Sick Leave
Latest Update: 13-5-2022 1. The Employment (Amendment) Bill 2021 (“the Bill”) was presented on October 25, 2021. 2. Dewan Rakyat approved the Employment (Amendment) Bill 2021 on March 21, 2022. 3. Dewan Negara passed the Employment (Amendment) Bill 2021 on March 30, 2022. 4. The Employment (Amendment) Act 2022 was gazetted into law on May […]
