Budget 2021: Dewan Rakyat passes Finance Bill 2020, tax breaks aplenty

Published on 16 Dec 2020 3:13:27 PM

The Dewan Rakyat on Wednesday (Dec 16) passed the Finance Bill 2020 which provides several tax breaks to cushion the impact of the Covid-19 pandemic, as provided for under Budget 2021.

The Bill, tabled by Deputy Finance Minister II Mohd Shahar Abdullah, seeks to amend several existing laws such as the Income Tax Act.

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