Raise income tax relief to boost domestic tourism: Penang exco

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

Holiday Holiday Headlines News

Holiday Holiday Latest News,Holiday Holiday Headlines

GEORGE TOWN: Penang wants personal income tax relief to be raised further to enable Malaysians to go on domestic vacations. State executive councillor...

: Penang wants personal income tax relief to be raised further to enable Malaysians to go on domestic vacations.

Under the Prihatin economic stimulus package introduced to address the economic fallout caused by the Covid-19 pandemic, the Finance Ministry has allowed tax personal income tax relief of up to RM1,000 for Malaysians. “Domestic tourism will remain the pillar of our economy until international borders are opened again. As chairman of the tourism committee, I propose that the tax relief be raised to spur domestic tourism,” he said in a statement.

Apart from accelerating growth in the leisure industry, boosting tourism will also protect jobs, he added.

 

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 HOLİDAY

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MAH Penang welcomes proposal to increase income tax relief for domestic tourismGEORGE TOWN: The Malaysian Association of Hotels (MAH) Penang Chapter fully supports the Penang government’s proposal to increase the RM1,000 cap in i...
Source: theSundaily - 🏆 25. / 51 Read more »