Malaysia plans record budget spending 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).
Budget 2025: Malaysia forecasts record budget spending for 2025, more subsidy reform
Malaysia on Friday unveiled a record budget spending for 2025, focusing on economic restructuring to improve its revenues through subsidy rationalisation and fiscal reforms.
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
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 boosting salaries and retirement funds for civil servants as it pursues further subsidy and tax reforms to bolster revenue.
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.
bernama21m
Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive
The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with ...
malaymail2h
Budget 2025: A step forward for youth, but are we really doing enough? — Mastura M. Rashid
Belanjawan 2025 has laid out several positive initiatives aimed at tackling the challenges young Malaysians face. There’s a ...
Malaysia’s record 2025 budget to boost economy, welfare, as Anwar leverages political stability
The budget aims to grow Malaysia’s appeal as a destination for hi-tech investments while also uplifting the country’s most ...
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, ...
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 ...
bernama6h
Budget 2025 To Accelerate Malaysia's Digitalisation, Adoption Of AI
The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage the adoption of ...
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 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 ...
Budget 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, ...
bernama11h
Budget 2025 Set To Further Strengthen Malaysia's Semiconductor Industry, Says Association
Malaysia's semiconductor industry is set to further solidify with various commendable initiatives outlined under Budget 2025, including the Supply Chain Resilience Initiative and the New Investment ...