{"id":26738,"date":"2016-10-28T10:37:11","date_gmt":"2016-10-28T02:37:11","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=26738"},"modified":"2016-10-28T10:37:11","modified_gmt":"2016-10-28T02:37:11","slug":"irb-will-meet-the-tax-collection-target-of-rm115b","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b","title":{"rendered":"IRB Will Meet The Tax Collection Target Of RM115b"},"content":{"rendered":"<p>In spite of the uncertain economy, the Ministry of Finance (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.<\/p>\n<p>This comes after a review by MoF amidst fall in global oil prices and the foreign exchange rate, as well as a change in taxation policy.<\/p>\n<p>\u201cUp to September 30 this year, the IRB collected direct taxes of about RM84.028 billion.<\/p>\n<p>\u201cThis is 73.07% of the ministry&#8217;s target for the year of RM115 billion,\u201d he told <em>Bernama<\/em>.<\/p>\n<p>However, in an earlier report, the direct tax collection target was reduced to RM118.5 billion after the budget recalibration, as compared to the earlier target of RM125.6 billion.<\/p>\n<p>[<a href=\"http:\/\/www.themalaymailonline.com\/malaysia\/article\/mof-confident-of-irb-meeting-2016-tax-collection-target-of-rm115b\" target=\"_blank\" rel=\"nofollow\">Source 1,<\/a> <a href=\"http:\/\/www.themalaymailonline.com\/malaysia\/article\/irb-targets-rm118.5b-in-direct-tax-collection-in-2016\" target=\"_blank\" rel=\"nofollow\">Source 2<\/a>]<\/p>\n<h6><em>Image from MyNewsHub<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[311,271,216],"tags":[],"class_list":["post-26738","post","type-post","status-publish","format-standard","hentry","category-budget-2017","category-economy","category-news-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRB Will Meet The Tax Collection Target Of RM115b<\/title>\n<meta name=\"description\" content=\"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRB Will Meet The Tax Collection Target Of RM115b\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-28T02:37:11+00:00\" \/>\n<meta name=\"author\" content=\"Iris Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iris Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b\",\"url\":\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b\",\"name\":\"IRB Will Meet The Tax Collection Target Of RM115b\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"datePublished\":\"2016-10-28T02:37:11+00:00\",\"dateModified\":\"2016-10-28T02:37:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\"},\"description\":\"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Budget 2017\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/budget-2017\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"IRB Will Meet The Tax Collection Target Of RM115b\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\",\"name\":\"Iris Lee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"caption\":\"Iris Lee\"},\"description\":\"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/irislee\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IRB Will Meet The Tax Collection Target Of RM115b","description":"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b","og_locale":"en_US","og_type":"article","og_title":"IRB Will Meet The Tax Collection Target Of RM115b","og_description":"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.","og_url":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b","og_site_name":"iMoney Malaysia","article_published_time":"2016-10-28T02:37:11+00:00","author":"Iris Lee","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Iris Lee","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b","url":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b","name":"IRB Will Meet The Tax Collection Target Of RM115b","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"datePublished":"2016-10-28T02:37:11+00:00","dateModified":"2016-10-28T02:37:11+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e"},"description":"The Finance Ministry (MoF) is confident that the Inland Revenue Board of Malaysia (IRB) can meet its direct tax collection target of RM115 billion for 2016.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/irb-will-meet-the-tax-collection-target-of-rm115b#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Budget 2017","item":"https:\/\/www.imoney.my\/articles\/category\/budget-2017"},{"@type":"ListItem","position":3,"name":"IRB Will Meet The Tax Collection Target Of RM115b"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e","name":"Iris Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","caption":"Iris Lee"},"description":"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.","url":"https:\/\/www.imoney.my\/articles\/author\/irislee"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/26738"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=26738"}],"version-history":[{"count":2,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/26738\/revisions"}],"predecessor-version":[{"id":26741,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/26738\/revisions\/26741"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=26738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=26738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=26738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}