Latest updates for Inland Revenue Board

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Recent items include:

  • Nearly two billion e-invoices submitted by 268,000 taxpayers as of Oct 1, says Inland Revenue Board
  • IRB stresses voluntary participation as government lifts e‑Invoice threshold, easing compliance for MSMEs
  • Tax-exempt taxpayers can opt to keep using e-invoices, says Liew

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malaymail.com /3 weeks ago

Nearly two billion e-invoices submitted by 268,000 taxpayers as of Oct 1, says Inland Revenue Board

PUTRAJAYA, Oct 1 — More than 268,000 taxpayers have submitted 1.99 billion e-invoices as of October 1, the Inland...

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malaymail.com /1 month ago

IRB stresses voluntary participation as government lifts e‑Invoice threshold, easing compliance for MSMEs

KUALA LUMPUR, Aug 31 — Micro, small and medium enterprises (MSMEs) with annual sales of less than RM3 million will not b...

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malaymail.com /2 weeks ago

Tax-exempt taxpayers can opt to keep using e-invoices, says Liew

KUALA LUMPUR, Oct 7 —Approximately 160,000 taxpayers who have registered for e-Invoicing but are now exempted can...

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malaymail.com /1 week ago

Finance Ministry: RM17.15b in excess tax refunds paid to individuals, companies as of Sept 30

KUALA LUMPUR, Oct 14 — The government has settled tax overpayment refunds amounting to RM17.15 billion, involving...

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myzimbabwe.co.zw /1 month ago

ZIMRA hunts for undeclared income, starting with the following suburbs: See if your house or building must pay 15% tax

The Zimbabwe Revenue Authority has widened its search for undeclared income to private housing estates, homeowners’ associations, landlords and tenants, demanding information that...

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blog.saginfotech.com /1 month ago

CBDT Notifies 116 & 117/2026, Granting Tax Exemptions to MERC from FY 2025-26

The Central Government, through the Central Board of Direct Taxes (CBDT), has issued two notifications regarding the Maharashtra Electricity Regulatory Commission (MERC), PAN: AAAG...

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malaymail.com /3 weeks ago

After Finance Ministry says no duty due on K8 cargo, Maritime Network asks Customs dept to put ruling on record

 KUALA LUMPUR, Sept 29 — Maritime Network Sdn Bhd is seeking a written explanation from the Royal Malaysian C...

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currentfederaltaxdevelopments.com /1 month ago

Mirror Code Boundaries and Substantive Regulations: An Analysis of Perkins v. Virgin Islands Bureau of Internal Revenue

Perkins v. Director of the Virgin Islands Bureau of Internal Revenue, No. 3:25-cv-00002 (D.V.I. Sept. 18, 2026) Territorial tax administration frequently presents complex juri...

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malaymail.com /2 weeks ago

Ahead of Budget 2027, World Bank tells Putrajaya to raise revenue without raising rates

KUALA LUMPUR, Oct 6 — Malaysia needs tax reform to address a structural decline in its tax revenue-to-gross domest...

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business.inquirer.net /2 weeks ago

BIR imposes 2% withholding tax on electricity sales

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has imposed a 2-percent withholding tax on payments to generation companies and other market participants selling electri...

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malaymail.com /1 week ago

Budget 2027: Tax breaks to encourage corporate support for food bank initiative, says Armizan

KOTA KINABALU, Oct 11 — A special tax deduction incentive for the Ihsan Food Bank Initiative (i-FB) under Budget 2...

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malaymail.com /5 days ago

Budget 2027: Don’t miss these tax reliefs when you file your taxes next year

KUALA LUMPUR, Oct 19 — Before you file your next income tax return, remember to lookout for existing and new tax r...

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amlegals.com /3 weeks ago

From Service Tax to GST: How India Came to Tax Overseas OIDAR Suppliers, and How the Simplified Registration Scheme Work...

Introduction Online Information and Database Access or Retrieval services, hereinafter referred to as “OIDAR services”, have been taxed in India when supplied by overseas providers...

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realty.economictimes.indiatimes.com /1 month ago

No tax on value of new property under redevelopment agreement: ITAT

A tax tribunal has sided with property owners involved in redevelopment disagreements, annulling a significant Rs 1.3 crore tax increment on a newly developed property. The tribuna...

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malaymail.com /1 month ago

TMJ says no issue paying Singapore tax on land sale exceeding RM4b

JOHOR BARU, Sept 4 — Johor Regent Tunku Ismail Sultan Ibrahim says he has no reservations about paying a hefty tax...

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blog.saginfotech.com /1 month ago

CBDT Allows DGIT (Systems) to Share Income Tax Data with Petroleum Ministry

The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, has granted authority to the Director General of Income Tax (Systems), Delhi, as the specified...

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malaymail.com /3 days ago

Guan Eng warns of SME liquidity crisis over RM30b delayed tax refunds

KUALA LUMPUR, Oct 21 — Former finance minister Lim Guan Eng has urged the federal government to expedite the repay...

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tribune.com.pk /4 weeks ago

Rs32.5m collected under fixed tax

Kayani hopes more traders will file returns; FBR launches faceless audit system

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rappler.com /1 month ago

[Ask the Tax Whiz] Clarifying some tax issues related to ONETT transactions

ONETT refers to transactions that are subject to one-time tax compliance and processing with the BIR

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thetaxtalk.com /1 month ago

ITR-BN: The New Return Form for Block Assessments

ITR-BN: The New Return Form for Block Assessments     What CBDT has done: On 24 July 2026, CBDT has notified the Income-tax (Third Amendment) Rules, 2026 (Notification 97/2026), in...

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newsroom.co.nz /3 weeks ago

Inland Revenue rejects industry request for $1b Investment Boost change

For Ross Bannan’s small construction firm, the Govt’s investment break was an easy win. But only 13 of 498 large companies agree The post Inland Revenue rejects industry request fo...

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myzimbabwe.co.zw /1 month ago

“Operation urikuzvigona sei”? Wealth Tax brewing as ZIMRA demands details of Borrowdale property owners and their tenant...

Zimbabwe’s tax authorities have moved to obtain a detailed register of property owners and tenants at Borrowdale Brooke Golf Estate, placing one of Harare’s most exclusive addresse...

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blog.saginfotech.com /1 week ago

Chennai ITAT Upholds Section 153C Jurisdiction Relying on Seized Material, Restores ₹13.53 Cr Addition

Rainbow Foundation Ltd. is engaged in real estate development and sale of apartments. After search and seizure operations conducted on 21 April 2016, the firm was subjected to asse...

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newsinfo.inquirer.net /1 week ago

BIR updates 2010 tax rules on shared drug discounts for seniors

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has revised its 16-year-old tax rules on senior citizen discounts to clarify how pharmaceutical companies, distributors,...

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Sources covering Inland Revenue Board

amlegals.com

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blog.saginfotech.com

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realty.economictimes.indiatimes.com

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thetaxtalk.com

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tribune.com.pk

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currentfederaltaxdevelopments.com

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