Dewan Rakyat passes five motions tabled by Finance Ministry

KUALA LUMPUR, June 15 — The Dewan Rakyat today passed five motions tabled by the Finance Ministry involving government funding and taxation.

Deputy Finance Minister I Datuk Seri Ahmad Maslan, when tabling the motion for the Malaysian Government Investment Issue Money Transfer, said the transfer would involve the remaining proceeds amounting to RM27 billion from the MGII until the end of May 2023 under section 3 of the Government Funding Act 1983 to the Development Fund.

“Section 4 of the Government Funding Act 1983 provides that receipts from MGII can only be transferred to the Development Fund after obtaining the approval of the Dewan Rakyat with a resolution,” he said. As for the Windfall Profit Levy Order, Ahmad Maslan said the order would be imposed on oil palm fruit production in Peninsular Malaysia, Sabah and Sarawak at a rate of three per cent.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Dewan Rakyat passes 5 motions tabled by Finance Ministry | The Malaysian InsightDewan Rakyat passes 5 motions tabled by Finance Ministry
Herkunft: msianinsight - 🏆 8. / 63 Weiterlesen »

Finance Ministry withdraws Capital Markets and Services Bill from being tabledKUALA LUMPUR: The Finance Ministry has withdrawn the Capital Markets and Services (Amendment) Bill 2023 from being tabled.
Herkunft: staronline - 🏆 4. / 75 Weiterlesen »

Finance Ministry: Petrol, diesel prices unchanged for June 15-21 periodKUALA LUMPUR, June 14 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the week starting June 15 to 21. The Ministry of Finance (MOF),...
Herkunft: malaymail - 🏆 1. / 86 Weiterlesen »

Govt spent RM66.3bil on subsidies last year, says Finance MinistryKUALA LUMPUR: Some RM66.3bil was spent on subsidies in 2022, says the Finance Ministry.
Herkunft: staronline - 🏆 4. / 75 Weiterlesen »