Budget 2024: Youth and Sports Ministry proposes tax exemption for sports training fees

Philippines News News

Budget 2024: Youth and Sports Ministry proposes tax exemption for sports training fees
Philippines Latest News,Philippines Headlines
  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

PUTRAJAYA, Oct 11 ― The implementation of tax exemption for sports training costs or fees is one of the priorities of the Ministry of Youth and Sports (KBS) through the Budget...

Trial: Bank Negara analyst stands by 1MDB’s US$20m trail to Najib even without Prince Faisal’s Saudi bank statement

Youth and Sports Minister Hannah Yeoh said her ministry has discussed the matter with the Ministry of Finance for consideration so that those who incur sports training costs or fees can enjoy tax relief. “With this incentive, it will encourage parents to send their children for sports training and the money saved from tax relief can provide job opportunities for coaches while producing great talent in sports.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hannah Yeoh: Youth and Sports Ministry may continue setting overall medal targets for future GamesHannah Yeoh: Youth and Sports Ministry may continue setting overall medal targets for future GamesSEPANG, Oct 9 — The Ministry of Youth and Sports (KBS) has hinted that it may continue the formula of setting overall medal targets, without specifying the number of gold medals,...
Read more »

Fahmi: Communications Ministry hopes allocation from Budget 2024 will help enhance country’s 5G networkFahmi: Communications Ministry hopes allocation from Budget 2024 will help enhance country’s 5G networkKUALA LUMPUR, Oct 10 — The Minister of Communications and Digital Fahmi Fadzil said the allocation appealed by the ministry in the 2024 Budget, among others, is to focus on...
Read more »

Budget must facilitate post-pandemic development of youth, govt toldBudget must facilitate post-pandemic development of youth, govt toldThe Malaysian Youth Council says the budget needs to fund ‘future-proof’ job creation and generate equal opportunities for urban and rural communities.
Read more »

Hannah: KBS may continue setting overall medal targets for future gamesHannah: KBS may continue setting overall medal targets for future gamesSEPANG: The Ministry of Youth and Sports (KBS) has hinted that it may continue the formula of setting overall medal targets, without specifying the nu...
Read more »

Ministry committed to monitoring food supplies in the country, says FuziahMinistry committed to monitoring food supplies in the country, says FuziahKUALA LUMPUR: Malaysia’s banking system remained well-capitalised throughout the first half of 2023 (1H 2023), with the banks continuing to maintain strong liquidity buffers, said Bank Negara Malaysia (BNM).
Read more »

Ministry probes claim 'plastic rice' was sold at Sandakan supermarketMinistry probes claim 'plastic rice' was sold at Sandakan supermarketPETALING JAYA: From cleaning their water storage tanks to rescheduling medical appointments, business owners and households are preparing for a scheduled water cut in Klang Valley tomorrow.
Read more »



Render Time: 2025-03-01 17:08:24