Finance Ministry not proposing to grant income tax relief to the disabled in B40, M40 groups for vehicle purchase, says deputy minister

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KUALA LUMPUR, June 22 ― The Finance Ministry has no plans to give income tax relief to the disabled (OKU) in the B40 and M40 categories who purchased motor vehicles for the...

KUALA LUMPUR, June 22 ― The Finance Ministry has no plans to give income tax relief to the disabled in the B40 and M40 categories who purchased motor vehicles for the time being.

He said the government has provided full exemption on vehicle excise duty for all individuals with disabilities and physical disabilities who are able to drive on condition that the applicant is registered with the Department of Social Welfare , has a valid driving licence and the vehicle cannot be sold or transferred for five years. Each OKU is allowed to purchase one vehicle with the excise exemption every five years.

 

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