Everyone should know what a fixed deposit is. It is a personal investment platform in which an amount of money is kept and given to either a bank or financial institution where the recipient will pay interest to the depositor at certain specified rate. Do take note that the rate of interest paid will differs […]
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Personal Loans
Base Rate Malaysia
Sometime early this year, Base Rate (BR) was implemented to replace the previous Base Lending Rate (BLR) system. Under the Base Rate system, this rate will be the main reference rate for new retail floating rate loans. Banks in Malaysia can also determine their interest rate based on a formula that was set by the […]
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RPGT Malaysia
Real Property Gains Tax also known as RPGT is a form of capital gains tax imposed by the Malaysian Government on the disposal of property in Malaysia. Real Property Gains Tax was previously suspended temporarily from 2008 to 2009. It was reintroduced again in 2010 and the rates have been increasing since then. According to […]
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