tax

LBS awarded ‘highest growth in profit after tax over three years’ at the Edge Billion Ringgit Club Awards 2024

PETALING JAYA: LBS Bina Group Berhad, a developer guided by people-first values, clinched the award for “Highest Growth in Profit After Tax Over Three Years” under the property sector category at The Edge Billion Ringgit Club Awards 2024. The event was held at St. Regis, Kuala Lumpur, and officiated by Prime Minister Datuk Seri Anwar Ibrahim. The award, presented to LBS deputy CEO Lucas Lim Kim...

Ongoing re-evaluation by PBTs in Selangor not sign of impending tax increase

SHAH ALAM: The ongoing re-evaluation of all holdings or assets by several local authorities (PBT) in Selangor is not indicative of a tax increase, said Menteri Besar Datuk Seri Amirudin Shari. He said this process is a standard procedure to evaluate assets or properties in specific PBT areas, based on current values, following more than 10 years of utilising existing rates. “Not all PBTs are...

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