UTAR Granted Tax Exemption, Confirms Minister

By Loshinniy Nair S. Baskaran

5th OCTOBER: The Minister of Higher Education, Datuk Dr. Wee Ka Siong, has announced that Universiti Tunku Abdul Rahman (UTAR) has been granted tax-exempt status.

This decision, communicated via a letter from the Ministry of Finance, recognizes UTAR’s non-profit educational mission and its contributions to society.Dr. Wee emphasized that the exemption aligns with the government’s goal of promoting educational institutions that focus on public welfare.

UTAR’s commitment to providing quality education, research, and community service has been pivotal in this decision. The minister noted that such support reflects the government’s dedication to enhancing educational opportunities for students, particularly in private institutions.

The tax exemption will relieve UTAR of certain financial burdens, allowing the university to allocate more resources toward improving facilities, scholarships, and academic programs. Dr. Wee expressed optimism that this will encourage further investment in education and support for students in need.

He encouraged other private universities to enhance their contributions to society, suggesting that those who follow UTAR’s example may also benefit from similar exemptions. The government aims to create a more equitable educational landscape, where quality education is accessible to all.In summary,

UTAR’s tax-exempt status represents a significant recognition of its role in the Malaysian education sector, promoting the university’s mission while enabling it to better serve its students and the community at large, as stated in The Star.