EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Sunday, June 11, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm asncommerce mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

PCP for Budget 2023 in need of feedback – MoF

by moneycompass
August 2, 2022
in Local Market News
The Ministry of Finance (MoF) is calling for feedback on their Budget 2023 Public Consultation Paper (PCP) named 'The Implementation Of Globe Rules In Malaysia'.
Share on FacebookShare on WhatsApp

KUALA LUMPUR – The Ministry of Finance (MoF) is calling for feedback on their Budget 2023 Public Consultation Paper (PCP) named ‘The Implementation Of Globe Rules In Malaysia’.

According to the ministry, it is looking for feedback from the private sector including businesses as well as tax experts to give their feedback on this PCP.

In a recent statement, the MoF stated that the PCP is connected to Malaysia’s participation in the implementation of the Global Anti-Base Erosion (GloBe) Model Rules (Pillar Two) Initiative which includes the Framework on Base Erosion and Profit Shifting (BEPS). The PCP is published by the MoF.

The statement also said that the PCP is available for download from the MoF website here.

Additionally, the ministry explained that the publishing of the PCP was complementary to the 2023 Pre-Budget Statement, which was made available to the public on June 3 of this year.

Furthermore, the MoF stated that the PCP is part of the ministry’s overall efforts to collect feedback from Malaysians and companies on the government’s policy proposal recommended which will be considered for the upcoming Budget 2023.

The initiative had begun last year, in 2021, with the goal of enhancing and increasing public engagement during the process of formulating the annual budget.

Subsequently, the MoF announced that it intends to issue Budget 2023 PCPs on funding for sustainable development; the application of ESG (environmental, social and governance) principles for government-linked companies; and implementing targeted subsidies.

Apart from that, the statement said that the government is confident that the publication of Budget 2023 PCPs will allow for more avenues to be provided for stakeholders to give their feedback and enable the government to formulate an annual budget that would satisfy the needs of Malaysians while at the same time align with the nation’s socio-economic development policies.

Those interested to submit their feedback on ‘The Implementation Of Globe Rules In Malaysia’ PCP should do so by Aug 15, 2022.

 

Join our Telegram group for the latest updates!

 

Read more: SC calls for feedback on capital market entities tech risk proposed framework

Tags: Budget 2023Ministry of Finance (MOF)Public Consultation Paper (PCP)
ShareSendShareSendTweetShare
Previous Post

Digital SME Solution: New Shariah-Compliant Financing By Alliance Bank

Next Post

International Conference for Women in Business to Take Place Virtually November 8-10

Related Posts

Loh Guat Lan, President of LIAM
Local Market News

Life Insurers Offer Relief Measures to Assist Flood Victims

08 Mar 2023
Bursa Malaysia
Current News

Bursa Malaysia enhances Islamic securities

10 Feb 2023
Corporate News

JCorp Officially Launches JLand Group (JLG) to Capture Opportunities in New Economy Real Estate

18 Jan 2023

Discussion about this post

MOST POPULAR

  • Impact of SST on Consumers in Malaysia

    0 shares
    Share 0 Tweet 0
  • Treating COVID with Metformin Reduces Long COVID Rates

    0 shares
    Share 0 Tweet 0
  • NEXTDC Kickstarts Regional Expansion with KL1 Data Centre in Malaysia

    0 shares
    Share 0 Tweet 0
  • 2023 Asia Esports Championship: Registration is Open Now in Southeast Asia Region

    0 shares
    Share 0 Tweet 0
  • 10 Ways to Curb Overspending

    1 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER