The Malaysia Budget 2024, themed “MADANI Economy: Empowering the People,” allocates RM393.8 billion to stimulate economic growth, reduce the cost of living, and enhance the well-being of the rakyat. Here are the key highlights:
#ICYMI National Higher Education Fund Corporation (PTPTN) borrowers, who are earning less than RM1,800 per month will be eligible for a 6-month loan moratorium.
According to caretaker Prime Minister, Datuk Seri Ismail Sabri Yaakob, a mini 2023 Budget will be tabled if the new government cannot be formed in time due to the lack of a simple majority from the general election (G15).
About 1 Million individual taxpayers will enjoy reduced taxes! Announcing this under Budget 2023, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government will reduce the tax rates for taxable income ranging between RM50,001 to RM70,000, and RM70,001 to RM100,000 by 2%.
Eligible civil servants will receive special cash aids from the government! During the Budget 2023, tabled by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, these special cash aids include the Bantuan Khas Kewangan of up to RM700 and Bantuan Khas Kewangan Aidilfitri of RM600.
If you’ve yet to make repayments on your PTPTN, this news is for you because PTPTN repayment discounts will be offered to borrowers once again!
The recent economic highlights of Budget 2021 was tabled in parliament by Finance Minister, Tengku Dato Sri Zafrul Aziz on 6 November 2020. Read below to find out the main takeaways that you can expect to get and understand how they may affect you and your business.
Following the tabling of Budget 2021, the first major bill of the current administration, there has been a lot of discussions and debate over the proposed initiatives and how it could help Malaysians, as well as the country’s economy recover from the pandemic.
Budget 2021 brings hope to small and medium enterprises (SMEs), startups and businesses in Malaysia that are affected by the COVID-19 pandemic. Read this article to find out the key highlights and benefits that your business can expect to get from the latest national budget.
The recent Budget 2021 proposes a number of initiatives for the real estate industry and home buyers. Read this article to find out the key highlights and benefits that home buyers can expect to receive from the latest national budget.
