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.
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, 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).
bernama2m
Budget 2025: Large Allocation For Home Ministry Appropriate, Crucial - Lee
Yesterday, Prime Minister Datuk Seri Anwar Ibrahim presented the 2025 Budget in the Dewan Rakyat, amounting to RM421 billion, ...
Budget 2025 empowers women, bridges gender gap
Several Budget 2025 initiatives involving women announced by Prime Minister Datuk Seri Anwar Ibrahim have been described as ...
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, ...
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 ...
malaymail2h
Budget 2025: No direct funds for Paralympic Council, para athlete development to be funded through National Sports Council, says minister
There is an allocation under Budget 2025 for the development of para athletes to ensure there is no dearth of new talents for ...
bernama6h
Budget 2025: Malaysia Strengthens Focus On AI Development
Malaysia continues to place strong emphasis on the development of artificial intelligence (AI) technology, with a significant ...
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 ...
Paul Tan1d
Malaysia Budget 2025 live updates (auto/transport)
Budget 2025 for Malaysia is being tabled now (October 18, 4pm) by finance minister and prime minister Datuk Seri Anwar ...
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 ...
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, ...
bernama4h
Budget 2025: RM560 Million Allocation To Enhance Country's Border Control Timely, Say Analysts
The RM560 million allocation in Budget 2025 to enhance border security has been described as timely, given the current ...