MOF is not proposing to grant income tax relief for B40, M40 OKU for vehicle purchase

Published on 22 Jun 2023 5:14:03 PM

Deputy Finance Minister II Steven Sim told the Dewan Negara on Thursday (June 22) that the ministry has no plans to provide income tax relief to disabled individuals in B40 and M40 categories who purchase motor vehicles.

He said the existing tax relief is sufficient for these categories, but the government will review and improve taxation policy.