
Over 230,000 taxpayers have adopted the e-invoice system, with 1.5 billion e-invoices issued so far
Malaysia: RON95 subsidy savings not just for fiscal surplus, says finance ministry
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Summary
Kuala Lumpur: Savings generated from the targeted RON95 petrol subsidy mechanism are not retained solely as a fiscal surplus, the finance ministry says. To date, more than 230,000 taxpayers have adopted the e-invoice system, with 1.5 billion e-invoices issued. "This reflects the strong level of acceptance among taxpayers in complying with and supporting the e-invoice initiative," the ministry said.
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Kuala Lumpur: Savings generated from the targeted RON95 petrol subsidy mechanism are not retained solely as a fiscal surplus, the finance ministry says.
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To date, more than 230,000 taxpayers have adopted the e-invoice system, with 1.5 billion e-invoices issued. "This reflects the strong level of acceptance among taxpayers in complying with and supporting the e-invoice initiative," the ministry said.
according to Free Malaysia Today
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Center1
Public / State1