ABCs of Personal Finance
Inland Revenue Board is refunding first and conducting audits later?
The Inland Revenue Board (IRB) has refunded RM14.55 billion for tax, aiding 3.47 million cases as of November 30. The IRB’s strategy emphasizes refund disbursement before audits, prioritizing micro, small, and medium enterprises. Timely refunds are essential for sustaining business operations and fostering future growth in the Malaysian economy.
