Page 4 - உலகம் வங்கி மலேசியா பொருளாதார News Today : Breaking News, Live Updates & Top Stories | Vimarsana

World Bank: Govt could look into wealth tax, expand capital gains tax

The World Bank said the government could look into removing exemptions from consumption taxes on non-essential items; expanding capital gains tax; exploring other forms of progressive taxes, including wealth taxes; maximising gains from tax expenditures; and enhancing revenue administration. KUALA LUMPUR: The World Bank has suggested the government look into a fiscal policy that strives towards raising revenue and enhancing spending efficiency. In terms of revenue, the government may consider strategies that prioritise increasing the progressivity of the personal income tax framework, it said. The World Bank said the government could look into removing exemptions from consumption taxes on non-essential items; expanding capital gains tax; exploring other forms of progressive taxes, including wealth taxes; maximising gains from tax expenditures; and enhancing revenue administration.

Kuala lumpurWorld bankWorld bank malaysia economicBank malaysia economic monitorகுவாலா லம்பூர்உலகம் வங்கிஉலகம் வங்கி மலேசியா பொருளாதாரவங்கி மலேசியா பொருளாதார மானிட்டர்

Huge unfulfilled potential in Malaysia s agrofood sector, says World Bank

Huge unfulfilled potential in Malaysia s agrofood sector, says World Bank
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Malaysia generalNdiame diopWorld bankWorld bank malaysia economicWorld bank malaysia economic monitorமலேசியா ஜநரல்உலகம் வங்கிஉலகம் வங்கி மலேசியா பொருளாதாரஉலகம் வங்கி மலேசியா பொருளாதார மானிட்டர்

World Bank sees Malaysia s GDP growing 6 7% next year

The World Bank said the effective roll out and distribution of vaccine could lead to a faster-than-expected recovery in consumer demand, greater investor confidence, and consequently a more robust recovery in domestic economic activity in 2021. KUALA LUMPUR: The World Bank expects Malaysia’s economy to grow by 6.7% next year after a projected contraction of 5.8% this year due to the impact of the Covid-19 pandemic. It said on Thursday the positive factors which could help underpin the recovery would be the successful containment of the third wave of the19 infections. The World Bank said the effective roll out and distribution of vaccine could lead to a faster-than-expected recovery in consumer demand, greater investor confidence, and consequently a more robust recovery in domestic economic activity in 2021.

Kuala lumpurMustapa mohamedNdiame diopWorld bankWorld bank malaysia economicBank malaysia economic monitorPrime ministerDatuk seri mustapa mohamedMalaysia planகுவாலா லம்பூர்உலகம் வங்கிஉலகம் வங்கி மலேசியா பொருளாதாரவங்கி மலேசியா பொருளாதார மானிட்டர்ப்ரைம் அமைச்சர்மலேசியா திட்டம்