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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.
15m
Malaysia set to lead Asean into new era of growth in the region
As the chair, Malaysia will also introduce the Asean Community Concept 2045 to enhance cooperation among member states, rally ...
Yahoo News
16h
Killing of much-loved stray dog sparks nationwide backlash in Malaysia
The killing of a beloved stray dog, who went viral on social media due to an adorable video with a cat, has triggered outrage ...
16h
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 ...
12m
Malaysia's trade records 10.2% jump, exceeding RM2 trillion mark in first 9 months of 2024
Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold ...
20h
on MSN
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 ...
19h
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 ...
33m
Huawei and Malaysia’s 5G future: unpacking the embrace of Chinese tech
The Chinese tech giant has emerged as the odds-on favourite to build Malaysia’s second 5G network – despite the West’s espionage concerns.
malaymail
3h
Malaysia’s road to Olympic gold gets RM230m shot in the arm in Budget 2025; Hannah Yeoh says LA28 athletes get to make early prep
The preparation of national athletes heading to the 2028 Los Angeles Olympic Games (LA28) will not stop now that the ...
Channel NewsAsia Singapore
4h
‘Mental torture’: Malaysia’s ex-GISB members share their experiences of years in controversial conglomerate
Mr Razali Rahmat and Mrs Dalilah Diyana are from different backgrounds and different regions, but they have one thing in ...
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