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July 1

Cập nhập tin tức July 1

Gold bar transfer to be imposed 0.1% personal income tax from July 1

Gold bar transfer to be imposed 0.1% personal income tax from July 1

Each transfer of gold bars will be subject to a 0.1% personal income tax starting July 1 under the 2025 Law on Personal Income Tax, as part of measures to strengthen oversight of the gold market.

Malaysia adjusts diesel subsidy from July 1

Around 700,000 private diesel vehicle owners will receive a monthly fuel quota of up to 200 litres shared between diesel and RON95. Eligible diesel pickup truck and SUV owners can apply for an extra 100 litres, increasing their monthly quota to 300 litres.
National traceability system for agro-forestry-fishery products to be launched on July 1

Pilot implementation has been conducted for several major export commodities, notably durian. Initial results indicate that the system has effectively supported the traceability of export shipments, improving transparency and helping enterprises meet increasingly stringent international requirements.