Malaysia to widen tax net, raise minimum wages in 2025
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record budget spending plan of 421 billion ringgit ($98 billion).
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit
Budget 2025: Malaysians, here’s all your incoming individual income tax reliefs; and if you are a worker, RM1,700 minimum wage is coming too
What will you get in tax income reliefs from Budget 2025? And what tax changes should you look out for? Here are all the major individual income tax reliefs and exemptions from Finance Minister Datuk Seri Anwar Ibrahim’s Budget 2025 speech today: There are also tax reliefs on individual income linked to the welfare of senior citizens: Tax relief for payments for parents’ medical check-up: Expanded to include vaccination costs.
Malaysia to widen tax net and cut subsidies in 2025 as budget spending hits record
Malaysia will widen the scope of its sales and services tax (SST) and reform the subsidy of a widely used fuel next year, Prime Minister Anwar Ibrahim said on Friday as he announced record budget spending of 421 billion ringgit ($98 billion).
Killing of much-loved stray dog sparks nationwide backlash in Malaysia
Kopi, which is Malay for coffee, was shot dead on 6 October in the Besut district of northern Terengganu state during a ...
Bursa Malaysia to trade on cautious mode next week as investors digest Budget 2025
The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest ...
Malaysia plans record budget spending in 2025 as reforms boost revenue
Malaysia announced on Friday record budget spending of 421 billion ringgit ($98 billion) for 2025, with the government ...
The Winners and Losers From Malaysia’s 2025 Spending Plan
Malaysia’s retailers and tourism-related firms are poised to benefit from the national spending plan for next year as the ...
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Malaysia invites Chinese companies to list on Bursa Malaysia as innovation, new economy sectors rise
Malaysia remains open and welcoming to Chinese companies seeking to list on Bursa Malaysia whether for their first or second ...
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3 expatriates killed in Malaysia blast buried in Munshiganj
Three Bangladeshi expatriate workers who were killed in a blast in Malaysia have been buried in their hometown, Munshiganj, ...
Malaysia Plans to Reduce Petrol Subsidies in Middle of 2025
Malaysia will reduce subsidies for its most widely-used petrol, RON95, in mid-2025 as the government seeks to narrow its ...
Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances
Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and ...
Malaysia arrests hundreds more over child abuse claims
To date, the police operation against GISB has resulted in 415 arrests and the rescue of 625 children, according to Saifuddin ...
Malaysia committed to universal healthcare, don't be fooled by fake news, says Dzulkefly
The country is committed to providing universal healthcare, says Datuk Seri Dr Dzulkefly Ahmad in urging people not to ...