March 24 (Reuters) - Anduril and Palantir Technologies are working together to develop software for U.S. President Donald Trump's Golden Dome antimissile shield initiative, a source familiar with the matter said on Tuesday.
Getting ahead: LHDN says the increase in early filing s is consistent with heightened taxpayer awareness and proactive compliance, particularly in anticipation of receiving earlier tax refunds. — LOW LAY PHON/The Star PETALING JAYA: There is a notable rise in early tax filings this year, with many taxpayers submitting returns early in the hopes of receiving quicker refunds.
The Inland Revenue Board , which disclosed this, said while official figures on the number of filings and refunds would only be known at the end of March, the early trend pointed to improved compliance. It said the increase in early submissions of Income Tax Return Forms for the Year of Assessment 2025 reflected the taxpayers’ growing sense of awareness and responsibility. “This is consistent with heightened taxpayer awareness and proactive compliance, particularly in anticipation of receiving earlier tax refunds,” it stated in a reply to The Star.The timing of submissions plays a direct role on when refunds are received, as LHDN processes returns on a first‑in, first‑out basis, subject to verification.The increase in early filings is in contrast to the usual deadline-driven pattern, where submissions typically surge as the cut-off date approached. Under the LHDN client charter, refunds are to be processed within 30 working days for returns submitted via e-Filing and 90 working days for manually submitted forms. “As such, taxpayers are encouraged to submit their returns early and ensure that all information provided is complete and accurate to facilitate faster processing,” it said. The board also urged those who have yet to file their returns to do so before the deadlines to avoid late‑filing penalties. Taxpayers are advised to ensure that all sources of income, including employment, dividends and rental income are fully declared, and check their eligibility for reliefs and rebates. “They should also review their submissions carefully to minimise errors that could delay assessment or refunds,” it said. It said returns can be submitted via e‑Filing through the MyTax portal under LHDN’s e‑Services platform, which also provides guidance and assistance including periodic live sessions on its official communication channels. The deadline for filing individual income tax for the YA 2025 is April 30 for those without business income , with an e‑Filing grace period until May 15.Related stories:
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