Kuala Lampur, Jan. 10 -- KUALA LUMPUR, Jan10 - DAP MP for Bagan, Lim Guan Eng, has urged the Inland Revenue Board (LHDN) to retain the current CP500 tax framework for business and commercial income, and not expand it to individual wage earners.

Lim said the decision to extend the CP500 advance tax payment system to those who already pay monthly tax deductions (PCB) had sparked widespread public dissatisfaction, with taxpayers feeling they were being "squeezed dry".

He stressed that LHDN should not impose new, unfair burdens on individual taxpayers and wage earners.

"Under CP500, taxes must be paid in advance through six instalments, with amounts imposed in an arbitrary manner on individual taxpayers who are already paying PCB, instead ...