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​To provide policies and guidelines for the stimulation development of the country's economic growth

​To ensure the country's food security; and social security through Skim Persaraan Kebangsaan (SPK) under TAP

​To allocate annual expenditure for the implementation of government's infrastructure projects

​To ensure the government and country's financial stability

NEWS

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Corporate Income Tax Socialisation Session

​​14 January 2025

The Revenue Division, Ministry of Finance and Economy (MOFE) held a Socialisation Session on Corporate Income Tax on Thursday, 9th January 2025 which took place at Bilik Serbaguna 2, Level 3, Island Block, MOFE.


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Local Companies Fined For Failure to Submit Income Tax Returns

​​09 January 2025 

In the mon​ths of July to December 2024, thirteen (13) local companies were ordered to settle fines at the Magistrate’s Court for failing to comply with Section 52(1) of Inc​ome Tax Act (Chapter 35), which is failing to submit Income Tax Returns. 

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Joint Operation on Weights and Measures ACT 1983 (Chapter 151) And Price Control Act (Chapter 142) at Tutong District

28 December 2024 

The Industry and Business Ecosystem Division (IBE) through the Weights and Measures Unit (SDT) and the Department of Economic Planning and Statistics (DEPS) through the Department of Consumer Affairs under the Ministry of Finance and Economy conducted a monthly joint operation which was carried out at several business premises in Tutong District on Saturday, 14 December 2024.

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