Fahmi: Reduction of entertainment duty will be a catalyst for economic growth | TheStarTV.com

Fahmi: Reduction of entertainment duty will be a catalyst for economic growth

Published on 13 Oct 2023 9:16:58 PM

The government's announcement to lower the entertainment duty to zero for local artists and from 25% to 10% for international artists performing in the country can be a catalyst for economic growth, especially through tourism activities.

Communications and Digital Minister Fahmi Fadzil also said the announcement of several funds including RM900 million under the supervision of Bank Negara Malaysia for small and medium-sized enterprises will encourage these groups to adopt applications and 5G technology.

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Keywords
fahmi fadzil, budget 2024, entertainment, tax

The government's announcement to lower the entertainment duty to zero for local artists and from 25% to 10% for international artists performing in the country can be a catalyst for economic growth, especially through tourism activities.

Communications and Digital Minister Fahmi Fadzil also said the announcement of several funds including RM900 million under the supervision of Bank Negara Malaysia for small and medium-sized enterprises will encourage these groups to adopt applications and 5G technology.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
fahmi fadzil, budget 2024, entertainment, tax

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