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Budget 2027

Service Tax On Elderly Care Services Reduced To Six Per Cent

KUALA LUMPUR, Oct 9 (Bernama) -- The service tax rate for elderly care services will be reduced from eight per cent to six per cent effective Jan 1, 2027, with a full exemption for care fees of up to RM96,000 annually.

Budget 2027: RM20 Billion To Assist 80,000 First-time Homebuyers - PM Anwar

KUALA LUMPUR, Oct 9 (Bernama) -- The government has provided up to RM20 billion in housing financing guarantees through the Housing Credit Guarantee Scheme (SJKP) to assist 80,000 first-time homebuyers, particularly self-employed individuals without fixed incomes.

Govt Agrees To Fund RM160 Mln Package To Boost Net Income Of e-Hailing, p-Hailing Workers

KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2027: Early Schooling Aid Increased To RM200 Per Student

KUALA LUMPUR, Oct 9 (Bernama) -- The Early Schooling Aid (BAP) has been increased to RM200 from RM150 per student for the 2027 school session, says Prime Minister Datuk Seri Anwar Ibrahim.

Govt To Provide 50 Acres Of KL Land Worth RM1 Bln For Bumiputera Agenda

KUALA LUMPUR, Oct 9 (Bernama) -- The government will provide 50 acres of strategically located land in Kuala Lumpur, valued at RM1 billion, as a new endowment to the Bumiputera Investment Foundation, Prime Minister Datuk Seri Anwar Ibrahim said.

Budget 2027: A National Covenant For A Better Life For The People

KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027, tabled by the government today, focuses on easing the cost-of-living pressures faced by the people while building a fairer and stronger future for generations to come.

Health Ministry Allocated RM47.7 Bln, Contract Doctor Issue To Be Ended

KUALA LUMPUR, Oct 9 (Bernama) -- The Health Ministry has been allocated RM47.7 billion under Budget 2027, tabled in the Dewan Rakyat today.

Budget 2027: Bankruptcy Threshold Raised To RM150,000 From 2027 - PM Anwar

KUALA LUMPUR, Oct 9 (Bernama) -- The government has decided to raise the bankruptcy threshold from RM100,000 to RM150,000 with effect from 2027, Prime Minister Datuk Seri Anwar Ibrahim said. 

Budget 2027: Allocation For Persons With Disabilties Increased To RM1.5 Bln, To Benefit Over 300,000

KUALA LUMPUR, Oct 9 (Bernama) -- The overall allocation for assistance to persons with disabilities (OKU) has been increased to RM1.5 billion, benefiting more than 300,000 individuals, says Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2027: Federal Allocations For Sabah, Sarawak Remain Highest - Anwar

KUALA LUMPUR, Oct 9 (Bernama) -- Sabah and Sarawak will continue to receive the highest Federal allocations under Budget 2027, which was tabled today.

Good News For M40, Tax Relief Increased To RM12,000

KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2027: RM160 Mln Package To Boost e-Hailing, p-Hailing Workers' Income

KUALA LUMPUR, Oct 9 (Bernama) -- The government and e-hailing platform provider Grab have agreed to co-fund an RM160 million package aimed at boosting net income and improving the welfare of e-hailing and p-hailing workers starting next year.