Tag: RPGT positive for the government
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RPGT is positive; raises revenue without taxing lower-income group
That 5% in RPGT announced in Budget 2019? Okay, most of my friends with properties said that it’s not good for them. One said, “Now I have to pay a few hundred thousand ringgit in tax?!” I laughed and said NO you will not. This is real property gains tax. So, even for a RM400,000…