Govt proposes for investment tax allowance of 70% or 100%

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

KUALA LUMPUR: The government plans to provide an investment tax allowance on a tiered basis of 70 per cent or 100 per cent. Prime Minister Datuk Seri ...

: The government plans to provide an investment tax allowance on a tiered basis of 70 per cent or 100 per cent.

“It will stimulate companies to generate economy through investment in high-growth and high-value fields and further create new economic clusters, expand domestic networks and balance economic and environmental sustainability,” he said when tabling Budget 2024 in the Dewan Rakyat today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines