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RinggitPlus

@RinggitPlus

4 years

Interest may now be charged for hire purchase loans and fixed-rate Islamic financing during 6-month moratorium

Interest May Now Be Charged On Deferred Instalments Of Hire Purchase Loans And Fixed-Rate Islamic...

(Update 1/5/2020 12.00pm: Article headline and body has been updated for clarity) (Update 1/5/2020 11.30am: Article has been updated to include statements

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5 years

#Belanjawan2020 : Maternity leaves to be extended to 90 days.

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5 years

#Belanjawan2020 : No reintroduction of GST.

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#Belanjawan2020 : Tax exemption for company who allows women who return from pregnancy to work.

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1 year

(1/4) Are you doing taxes for the first time? 🧐 If your annual employment income is above RM34,000 (after EPF deduction), you will need to do two things: register yourself as a taxpayer with LHDN, and then register for e-Filing (LHDN’s online income tax filing platform).

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#Belanjawan2020 : Husbands can contribute 2% of their income to their housewive's i-Suri accounts

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5 years

#Belanjawan2020 : The Prime Minister and Deputy Prime Minister taking a wefie before the budget.

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5 years

#Belanjawan2020 : RM30 million to train teenagers from low income family.

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5 years

A new digital tax will be implemented from 1 January 2020, which will be imposed on online services such as Spotify, Netflix, Steam, and others. #Belanjawan2019 #Budget2019

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5 years

It's 4PM. Our livetweets on #Budget2019 #Belanjawan2019 starts now.

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5 years

Minimum wage will be raised to RM1,100 come 1 January 2019. #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : Minimum income increased to RM1,200 in major cities.

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2 years

RM1,000 Income tax relief for domestic travel expenses extended to 2022 #Budget2022

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5 years

If you take the LRT/MRT/RapidKL bus to work, this news is for you. A RM100 unlimited public transportation pass will be introduced for RapidKL rail and bus networks. There'll be a RM50 pass as well, limited only to buses. #Belanjawan2019

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5 years

The government will introduce a new home loan for the low income group via the Program Perumahan Rakyat. Those earning not more than RM2,300 per month can own a home priced up to RM150,000 through a RM1 billion fund by Bank Negara. #Belanjawan2019 #Budget2019

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2 years

Discount for PTPTN Repayment: 15% for those who fully settle their loans 12% for those who settle 50% of their loans 10% for repayment via salary deduction/direct debit, according to a schedule #Budget2022

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5 years

#Belanjawan2020 : Free RM30 for Malaysian to top up on e-wallet!

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5 years

#Belanjawan2020 : Financial aid for government servants Grade 56 and below.

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4 years

CIMB and Maybank customers could be facing some issues with their online banking today.

CIMB Clicks Website Down, Intermittent Issues For Maybank2u App & Web

UPDATE: This article has been updated at 12pm 27/10/2020. Scroll down below to get up to speed on the new developments. The CIMB Clicks website is

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5 years

Good news! The government is investing RM1 billion to develop the country's broadband infrastructure under the National Fiber Connectivity Plan. Faster internet speed at affordable prices? We'll be watching this closely. #Belanjawan2019 #Budget2019

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5 years

Further tax deductions for companies and organisations who hires ex-convicts for their workforce. #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : Perkeso to accept voluntary contributions for freelancers starting 2020.

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5 years

#Belanjawan2020 : RM50 for the 5G Ecosystem.

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5 years

#Belanjawan2020 : To create employment chance for women.

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5 years

The latest petrol price is out! RON 95 : RM2.08 RON 97 : RM2.61 Diesel : RM2.18 Read more :

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5 years

#Belanjawan2020 : 18% discount on tolls starting 2020.

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5 years

Perkeso will pay compensation for those who have lost their job and help them to find employment elsewhere come 1 Jan 2019 under the Work Insurance System #Belanjawan2019 #Budget2019

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5 years

#Belanjawan2020 : The youth homeownership campaign to start at the end of the year.

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1 year

If you're thinking of how to allocate your annual leaves this post is for you! Here's a compilation of all the public holidays and long weekends for 2023 together with suggestions on when to take leave so that you can maximise your long weekends! ✨(1/3)

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5 years

RM10 million will be allocated to MDEC to further develop the interest of the younger generation in E-Sports #Belanjawan2019 #Budget2019 For those who plan to be a pro DOTA or LOL player, you know what to do ;)

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5 years

No more toll fares for motorcyclists who use the Main Penang bridge. Second Penang bridge and Malaysia-Singapore Second Link #Belanjawan2019 #Budget2019

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5 years

#Belanjawan2020 : Rent to own scheme for houses below RM500,000.

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5 years

The government will impose an excise duty on "sugar sweetened beverages" to combat obesity.Proposed duty is RM0.40 per litre for non-alcoholic beverages containing added sugars of more than 5g per 100ml drink &for fruit juices containing added sugars of more than 12g per 100ml

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5 years

The combined tax relief for EPF contributions and life insurance or takaful deductions of RM6,000 will be separated into RM4,000 for EPF contributions and RM3,000 for takaful or life insurance premiums. #Belanjawan2019 #Budget2019

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5 years

Intracity toll fares will not rise from 2019 onwards. #Belanjawan2019 #Budget2019

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5 years

#belanjawan2020 : RM5 billion allocated for BSH.

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9 months

UOB has completed the migration of Citi's accounts into its ecosystem, but as a Citi credit cardholder, you're still not sure which UOB replacement card you'll be getting, or its benefits? Fret not, we've got you covered!

The Complete List Of Every UOB Credit Card Replacing Your Citi Cards

If you’re a Citibank customer, you’ll know by now that Citi has sold its consumer banking business in Malaysia to UOB Bank. Accordingly, UOB has been

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5 years

Those with household income RM2,000 and below will receive financial aid amounting to RM1000 #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : Tax cut for company that focus on arts and culture.

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5 years

Correction: It is a study to increase the maternity leave to 90 days. It is not confirmed

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5 years

#Belanjawan2020 : RM1 billion to built more roads for the outskirts.

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1 year

(1/4) It's March and you know what that means.. Tax season! In this post, we've summarized all the tax reliefs, deductions, and rebates that you can claim for YA 2022 to help you maximize your tax savings. To learn more, head over to our blog article:

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5 years

#belanjawan2020 : Homeownership campaign to start by the end of this year.

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5 years

#Belanjawan2020 : RM20 million grant for courses on Industrial Revolution 4.0.

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5 years

New policies in place for repayment of PTPTN loans. Borrowers who are earning a minimum of RM1,000 will be subjected to a repayment schedule, at a rate of between 2-15% of their monthly income. #Belanjawan2019 #Budget2019

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7 months

TNG Digital has entered into a partnership with Bursa Malaysia and Affin Hwang Investment Bank to enable share trading on the TNG eWallet.

TNG eWallet To Roll Out Share Trading Feature By First Quarter Of 2024

TNG Digital has entered into a partnership with Bursa Malaysia and Affin Hwang Investment Bank to enable share trading on the Touch ‘n Go (TNG) eWallet.

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4 years

The new deadline for filing your income tax via e-Filing is tomorrow (30 June 2020). Still haven't filed your taxes? Don't worry, we're here to help!

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5 years

Every car and motorcycle owner to enjoy up to 100 litres and 40 litres of RON95 petrol per month with a subsidy of at least RM0.30 sen per litre, depending on market price of petrol. #Belanjawan2019 #Budget2019

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2 years

EPF voluntary contribution increased from RM60,000 to RM100,000. Expanding the scope of tax relief for life insurance premiums or life takaful contributions up to RM3,000 #Budget2023

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5 years

#Belanjawan2020 : RM23 million for OKU friendly schools.

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7 months

Securities Commission Malaysia has granted conditional approval to Hata to operate a digital asset exchange in Malaysia.

Hata Receives Conditional Approval To Operate As Fifth Digital Asset Exchange In Malaysia

Malaysian investors will soon have a new platform where they can invest and trade cryptocurrencies, on top of the existing platforms. This comes as the

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5 years

#Belanjawan2020 : RM6,000 tax relief for medical expenses.

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5 years

#Belanjawan2020 : RM5 million to support the visual arts gallery and artist.

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5 years

#Belanjawan2020 : RM10.1 billion for the maintenance of public assets.

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5 years

#Belanjawan2020 : RM15.9 billion from GST has been returned to 78,000 companies.

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5 years

#Belanjawan2020 : Tabung Harapan has raised RM203 million to pay some the national debt.

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5 years

Those with household income RM3,000 and below will receive financial aid amounting to RM750 #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : RM100 million scheme for Chinese SME entrepreneur.

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#belanjawan2020 : Prioritising public transportation.

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3 years

The underlying fund for TNG GO+ has been converted from a conventional unit trust scheme to an Islamic one.

TNG GO+ Is Now Officially Shariah-Compliant

The recently launched GO+ investment feature in Touch ‘n Go (TNG) eWallet is now officially shariah-compliant. This is following the conversion of its

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9 months

Malaysia is said to be one of Luno's fastest growing markets.

Malaysian Investors Contribute To Almost 18% Of Luno’s Global Trading Volume

Digital asset exchange Luno Malaysia has said that Malaysia is one of its fastest growing markets, with local investors contributing to approximately 18%

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2 years

You have a few more days to take advantage of these last-minute tax reliefs before 2021 bows out for 2022!

Last-Minute Tax Reliefs - Have You Maximised Your Returns For 2021?

With the end of 2021 just around the corner, financially savvy Malaysians will know that it’s time to review their assets and accounts for any remaining

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5 years

For those who are planning to make a visit to Genting's casino soon, looks like next year is a good time to start with new habits as the Gambling Tax is going to heftier come 2019. #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : Inflation has been reduced.

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5 years

#Belanjawan2020 : RM10 million for Halal industry.

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5 years

#Belanjawan2020 : The government on taking over the Klang Valley highways.

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5 years

#belanjawan2020 : Conditions for the Ron95 petrol subsidy: Not more than 2 vehicles.

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5 years

#Belanjawan2020 : Digital tax to be implemented on Jan 1, 2020.

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5 years

#Belanjawan2020 : The government manage to save RM46 billion on these three projects.

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3 years

#Belanjawan2021 Reduction of EPF contribution from 11% to 9%

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5 years

As expected, ECRL has been cancelled #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : RM30.6 billion to be allocated to the Ministry of Health.

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5 years

#belanjawan2020 : 50 new counters to reduce the congestion at Johor.

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5 years

#Belanjawan2020 : New schools to be built in these areas.

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1 year

The new fund will invest in a diversified portfolio of sukuk, with 80% to 99% of its NAV exposed to the asset class.

PNB Launches New Shariah Fund, ASN Sukuk

(image: New Straits Times) Permodalan Nasional Berhad (PNB) subsidiary, Amanah Saham Nasional Bhd (ASNB) has launched a new fixed-income unit trust fund,

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4 years

If you choose to take advantage of Bank Negara Malaysia's 6-month moratorium on loan repayments, be aware that interest will still accrue during this period.

Interest Will Still Accumulate During BNM’s Automatic Moratorium For Individuals And SMEs

Those who do tap into the six-month automatic moratorium by Bank Negara Malaysia should note that interest will continue to accrue on the deferred loan/financing repayments.

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5 years

#Belanjawan2020 : The allocation for Sabah and Sarawak as follows.

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5 years

#Belanjawan2020 : Expected inflation rate for next year at 2%.

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5 years

#Belanjawan2020 : RM 250 of Special financial aid for retired government servants.

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4 years

Want to know what income tax reliefs you can claim for this year? We’ve got them all listed out for you.

Everything You Should Claim As Income Tax Relief Malaysia 2020 (YA 2019)

Find all of the tax reliefs, tax deductions, and tax rebates for filing your Malaysia personal income tax 2020 for the year of assessment 2019.

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2 years

Under Bantuan Keluarga Malaysia (BKM), household income below RM2,500 with more than 3 children will receive RM2,000 #Budget2022

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5 years

Those with household income RM4,000 and below will receive financial aid amounting to RM500 #Budget2019 #Belanjawan2019

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5 years

#Belanjawan2020 : Special allowance under the Firefighter scheme.

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5 years

#Belanjawan2020 : RM5.9 billion to establish TVET programme.

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5 years

RM10 million will be allocated to build 50 childcare centres in government offices. #Belanjawan2019 #Budget2019 This is to ensure that women are not pressured to leave the workforce in the situation that they need to care for their children.

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5 years

The government is committed to increase the participation of women in the workforce especially in company leadership roles by 30% #Belanjawan2019 #Budget2019

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5 years

#Belanjawan2020 : RM297 billion has been allocated for Budget 2020.

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5 years

#Belanjawan2020 : The fine and punishment for illegal gambling: RM100,000 and/ or six month jail.

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5 years

#Belanjawan2020 : Most of Budget 2020 will be used on management and operation.

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5 years

#Belanjawan2020 : RM15 million for community sports complexes.

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4 years

Maybank is set to launch a new credit card in partnership with e-commerce platform Shopee.

Maybank And Shopee Are Teaming Up To Launch The Maybank Shopee Credit Card, To Be Announced Very...

Maybank is set to launch a new credit card in partnership with e-commerce platform Shopee, and the card may be launched in conjunction with Shopee's

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2 months

Torum International has obtained an approval-in-principal from the Securities Commission Malaysia to operate as a recognised market operator in the country.

Torum Receives Provisional License From SC To Operate New Crypto Exchange

Malaysian investors are set to welcome a sixth digital asset exchange (DAX) in the local cryptocurrency landscape, following Torum International’s success

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5 years

#Belanjawan2020 : Incentive under #Malaysiakerja will be credited to the worker's EPF account

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5 years

#Belanjawan2020 : RM152 million on the allowance for the fishermen. RM250 per month.

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5 years

#Belanjawan2020 : Special allocation for Sabah and Sarawak.

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5 years

#belanjawan2020 : The price of RON95 and diesel to be floated.

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5 years

#Belanjawan2020 : Tax exemption up to 10 years for intellectual property income.

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2 years

The government is on track to implement its plan to begin taxing imported low-value goods that are bought online starting from 1 January 2023.

Govt Set To Tax Imported Goods Below RM500 Bought Online, Starting 2023

The government is on track to implement its plan to begin taxing imported low-value goods that are bought online starting from 1 January 2023.

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4 years

Maybank's existing mobile banking app, Maybank2u, will eventually be replaced by the new MAE by Maybank2u app.

Maybank Will Eventually Phase Out Maybank2u App, Will Be Replaced By MAE

Maybank’s existing mobile banking app, Maybank2u, will eventually be replaced by the new MAE by Maybank2u app introduced today. At the launch of the new

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5 years

Government to establish Debt Management Office ( Pejabat Pengurusan Kredit) to review and check Government debts and liability. #Belanjawan2019 #Budget2019

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