Below shows an extraction from Malaysia Income Tax department. Some of the highlights are;
- maternity expenses, traditional medicines exemption are UNLIMITED !
- if you were terminated with compensation, some are exempted !
- Scholarship is exempted, so study Hard !
- Income derived and remitted from oversea is exempted, so globalize your business !
Do take time and go through below details, I am sure it will spark some innovative ideas if you are in the midst of optimizing your tax plans.