KUALA LUMPUR, Nov 3 (Bernama) — A total of RM20.271 billion in income tax refunds involving 3.65 million taxpayer cases had been paid as at Oct 31, 2026. Finance Minister II Datuk Seri Amir Hamzah Azizan said of the total, RM6.84 billion had been refunded to 3.4 million individual taxpayers, while RM13.036 billion had been refunded to 206,234 corporate taxpayers, including micro, small and medium enterprises (MSMEs). “In carrying out the refunds, the government prioritises excess tax refunds to individuals as well as MSMEs,” he said during the winding-up session of the Supply Bill at the committee stage for the […]

Japanese Finance Minister Satsuki Katayama has been chosen to lead the Development Committee, the ministerial forum shared by the World Bank and the International Monetary Fund (IMF).

Lithuanian Parliament Speaker Juozas Olekas said Finance Minister Taurimas Valys was working intensively but remained accessible, despite missing meetings with parliamentary groups. LRT reported, citing ELTA. Olekas said Valys regularly attended parliamentary sessions for questions to the governm…

The Liberals temporarily suspended the federal 10-cent excise tax on a litre of gas in April when the war in Iran spiked global fuel prices.

Chrystia Freeland suggested Mark Carney is taking less favourable trade terms from Trump in return for reducing uncertainty, Read on

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Newly minted Finance Minister François-Philippe Champagne could not detail how the federal government under new Prime Minister Mark Carney will balance the budget, but says he will 'be like a hawk in ...