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 Fixed Deposit Rates In Malaysia V. No.13, Strictly for FD Discussion Only

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august8
post Jun 8 2016, 12:05 AM

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Sorry a bit out of topic, but have always wondered about these 2 issues:

(1) must we declare FD interest for income tax purposes?
(2) if FD interest is considered tax free, is there a limit to this tax-free amount? For example, anything above RM100,000 FD interest must be declared as it will be taxed?

Thanks.

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