Lhk Full Form Explained
lhk full form
LHK stands for Lembaga Hasil Dalam Negeri, which is the Inland Revenue Board of Malaysia. It is the government agency responsible for tax collection and administration.
What is LHK?
LHK oversees the implementation of tax laws, ensures compliance, and collects taxes to fund government programs and public services in Malaysia.
Key functions of LHK:
- Tax assessment and collection
- Taxpayer education and assistance
- Enforcement of tax regulations
Role of LHK in the Economy
LHK plays a essential role in revenue generation for the government, supporting economic development and public welfare through efficient tax administration.
Benefits of LHK's work:
- Ensures fair tax collection
- Funds public infrastructure and services
- Promotes voluntary compliance
LHK is crucial for maintaining a stable and prosperous economy in Malaysia.