Tax Refund email sent by LHDN? So good ah?

Based on the information gathered, Inland Revenue Board of Malaysia (IRBM) or LHDN would like to alert the public to be more cautious of the modus operandi used by tax scammers, especially during tax filing season.

Beware!

Don't be a Scam Victim!

What are the tactics being used by scammers?

Personal Income Tax Relief for YA2020

Hey, it is about time to file your income tax return for this year. In order to help you go through it, let's refer to the quick guide here, especially on the tax relief part. What are the changes this year YA2020 compared to previous year?

Due to the Covid-19 pandemic, some of the newly introduced and enhanced personal tax reliefs are shown below:-

Energy Commission: The Selected Shortlisted Bidders are...

In May 2020, the Ministry of Energy and Natural Resources (KeTSA) via the Energy Commission (EC) opened a competitive bidding process for Large Scale Solar (LSS) programme by Malaysia Electricity Industry to Attract Renewable Energy Investment (LSS@MenTARI).

Why this LSS project hogging the limelight since then?

Under LSS@MenTARI, some 1,000 megawatts (MW) of solar quota will be offered through the bidding process, and is open to fully-owned local companies or with at least 75% local shareholding for companies listed on Bursa Malaysia.

The quota offered this time is the biggest under the LSS programme:

1. LSS-1 370MW
2. LSS-2 520MW
3. LSS-3 500MW
4. LSS@MenTARI is 1,000MW

However, the Ministry had set the maximum bidding capacity from each developer at 50MW compared with 100MW previously to give more opportunities for industry players to participate in the bidding process.

And, this round it was being offered in two packages:

1. First package
   ~ total quota offered is 500MW
   ~ the capacity range offered is between 10MW and less than 30MW
   
   
2. Second package
   ~ total quota offered is 500MW
   ~ the capacity range offered is between 30MW and 50MW

The Shortlisted Bidders are... (updated on 12 March 2021)

[Maybank2u] Compulsory to use Secure2u starting 15 March 2021?

This is a new thing for Maybank2u users, but many of us just ignored this function by sticking to the old method of receiving SMS tac number. True? Very soon, the SMS method will be phased out by Maybank mainly for better security reason. Hey, it's time to change to Secure2u method!

According to an important announcement made by Maybank, users will be required to utilise Secure2u to authorise Bill Payments and Interbank Giro (IBG) transfers of any amount on Maybank2u effective 15 March 2021.

What is Secure2u?

What? TradingView also on SC's Investor Alert List?

Please take note, we're not promoting TradingView or whatever. This post is purely sharing the latest updates for our financial related readers here. Either side can have your own opinion and there is no right or wrong here. We strive to provide valuable info to all of you.

First, who is TradingView?