Fixed Deposit Rates in Malaysia V4, Please read 1st post.
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 Sep 2 2013, 05:01 PM
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#1
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Junior Member
68 posts Joined: Dec 2010  
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Hi all,
I am aware that interest earned from FD is tax exempted. But do we need to declare the total amount of interest earned for the year in our income tax form? Thanx in advance:) |
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Sep 3 2013, 12:44 PM
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#2
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Junior Member
68 posts Joined: Dec 2010
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QUOTE(Gen-X @ Sep 2 2013, 08:55 PM) No, this is not Australia. In Malaysia, no need declare a sen earned from our savings or FD accounts. However, if you rent your properties, then yes, the income is taxable. Thanks for the reply. In that case, i don't need to track the interest earned from my FD. Thanx   |
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