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.

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 MADANI 2027: Growth That Pays Off For Malaysians

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.

Budget 2027: Labuan SME Association Seeks Tax Relief For Local Businesses

LABUAN, Oct 2 (Bernama) -- The Small and Medium Enterprises (SME) Association of Labuan has called for the service tax exemption under Section 48 of the Service Tax Act 2018 to be applied to services performed entirely in Labuan under Budget 2027.

Budget 2027: PIAM Calls For Tax Relief, Digital Grants To Close Insurance Protection Gaps

By K. Naveen Prabu

KUALA LUMPUR, Oct 2 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has called on the government to provide tax relief for critical coverage such as business interruption insurance to improve the affordability and accessibility of insurance protection.

Budget 2027: MAA Proposes Personal Income Tax Rebate To Boost xEV Adoption, Vehicle Scrapping

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Automotive Association (MAA) is proposing that the government provide a personal income tax rebate for the purchase of electrified vehicles (xEVs) and voluntarily scrapping of old vehicles in the 2027 Budget.

MRCA Proposes Stricter Cross-border E-commerce Policies In Budget 2027

KUALA LUMPUR, Sept 14 (Bernama) -- The Malaysia Retail Chain Association (MRCA) has proposed that the government implement stricter policies and equalise surcharges on cross-border e-commerce transactions, including the stricter enforcement of the sales tax on low-value goods (LVG), to secure national revenue.