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File the right form and be aware of exemptions, taxpayers told


Peoples submit income tax submission before the deadline at LHDN office in Shah Alam (April 16,2021) - AZHAR MAHFOF/The Star
PETALING JAYA: More than ever, this year’s tax relief measures offer a lifeline to many, especially since the Covid-19 pandemic has caused great upheavals and losses in the job market.
With the deadline to file taxes fast approaching, tax experts are advising people to be aware of the relief they can claim for and the mistakes they should avoid.
As of yesterday evening, the Inland Revenue Board (LHDN) had received 1.5 million tax return forms for individuals without business income, a 30% increase compared to the same time last year. ....

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Court directions sought over CIÉ pension scheme deficit


Industry and Employment Correspondent
The trustees of a CIÉ Group pension scheme which is hundreds of millions of euro in deficit are to ask the High Court for directions on how much the company must pay to plug the funding gap, RTÉ News has learned.
However, CIÉ has rejected suggestions that it alone is responsible for making up a shortfall of almost €800 million for the two schemes covering 10,000 workers in Irish Rail, Dublin Bus and Bus Éireann.
The company says proposed reforms which would see most staff working and contributing to the scheme for longer are essential to preserve the retirement benefits of the staff. ....

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