fbpx
Connect with us

News

BUDGET 2024: Govt Reduces Entertainment Duty Rates for Federal Territory

Published

My Post 1 2023 10 13T174553.478
Source: Buletin TV3 | YouTube & Harian Metro

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

During the presentation of the Budget 2024 initiative, Prime Minister and Finance Minister Dato’ Seri Anwar Ibrahim (DSAI) shared that the government has decided to lower the entertainment duty rates for the Federal Territory.

This means that the rates will go from 25% to:

  • Full exemption from entertainment duty for stage performances by local artists.
  • Reduction to 5% of entertainment duty for theme parks, family recreation centers, indoor game centers and simulators.
  • Reduction to 10% of entertainment duty for stage performances by international artists and other entertainment events such as movie screenings, and sporting and gaming events.

“I also take this opportunity to call on the state governments to consider the reduction of entertainment duty, that can be seen as supporting the development of local creative talents while also boosting national tourism activities,” DSAI said.

Stay tuned for more updates. 

 

Also read: WATCH: Minister of Tourism, Arts & Culture Bust’ a Move at a Lantern Festival Event

My Post 3 32

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Pm Anwar Mediocre Scholar Pm Anwar Mediocre Scholar
News14 hours ago

PM Anwar: Mediocre Academician Should Not Have Been Brought In As A Visiting Professor

By now, you would have known about the American professor who gave a talk at our most prestigious university, the...

Johor Casino Forest City Johor Casino Forest City
News14 hours ago

Johor MB: Casino Opening at Forest City Merely Rumours Meant to Tarnish Johor’s Image

Throughout this week, news of a casino opening at Forest City in Johor was being spread around, and the source...

My Post 1 2024 04 26T164445.796 My Post 1 2024 04 26T164445.796
News1 day ago

M’sian Man Fined RM23K for Mocking Deceased TLDM Helicopter Crash Victims

Just 3 days ago, it was reported that 2 Royal Malaysian Navy (TLDM) helicopters crashed at the TLDM Camp in...

Collage1111 Collage1111
News1 day ago

Irritated Man in KL Decides to Ram His Car at a Couple as They Were Apparently Arguing Too Loudly

It’s common for couples to have occasional disagreements or fights. But who could have predicted it would escalate to this...

My Post 1 2024 04 26T152141.254 My Post 1 2024 04 26T152141.254
News1 day ago

“Paul Blart: Mall Cop?” – Police Officers at KLIA Provided with Segways to ‘Enhance Security’

Following the recent shooting incident at the Kuala Lumpur International Airport (KLIA), many shared their disappointment over the fact that...

Collage 43 Collage 43
News2 days ago

Laptop & Charger Parcel With Explosive Warning Found in KLIA Cargo Facility, Sender Says It’ll Explode

Recent reports of Apple-related threats have sparked significant concern among Malaysians. Many individuals in Malaysia are getting worked up over...

My Post 3 2024 04 26T104010.844 1 My Post 3 2024 04 26T104010.844 1
News2 days ago

Kedah Old Folks Home Caregiver Caught on Camera Beating Elderly Man with a Stick

The whole purpose of being a caregiver is to provide care to those who need it. But, if one is...

Feat Image Malaysia Accent Feat Image Malaysia Accent
News2 days ago

“Power lah!” – The Malaysian Accent Named 6th Sexiest Accent in Asia, 39th in The World

We Malaysians tend to have a soft spot for foreigners visiting our country and making content about our food, culture...

Announcement

Latest Videos



TRENDING TODAY