Asset re-evaluation not a sign of impending tax hike, Amirudin says

The ongoing re-evaluation of all holdings or assets by several local authorities in Selangor is not indicative of a tax increase, said Menteri Besar Amirudin Shari.

He said this process is a standard procedure to evaluate assets or properties in specific areas, based on current values, following more than 10 years of utilising existing rates.