The Malaysian government has announced key financial initiatives in Budget 2025 aimed at supporting public servants and retirees. Here’s a quick breakdown of the newly introduced financial assistance and updates to the Public Service Remuneration…
Budget 2025: Sugar Tax To Increase By RM0.40 Per Litre As Part Of ‘War On Sugar’Â
Not so sweet anymore.
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Budget 2025: Targeted Petrol RON95 Subsidy To Be Implemented By Mid-2025
This will benefit 85% of the population.
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Budget 2025 Set To Be The Largest In M’sian History At RM421bil
An increase from Budget 2024’s RM393.8 billion.
Anwar: GST Will Only Come Back If Minimum Income Hits RM3,000 To RM4,000
Currently, Malaysia’s minimum wage is RM1,500 per month. Anwar wants this raised before the country even considers bringing back GST.
Anthony Loke Says Inheritance Tax Not On The Table For Budget 2025
“Government policies only become official if they are presented in parliament, and so far, there has been no discussion regarding inheritance tax.”
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Bringing Back Inheritance Tax In Budget 2025 Will Burden Middle-Class M’sians, Think-Tank Warns
This tax, last seen in Malaysia in 1991, could burden SMEs and limit wealth growth.
5 New Taxes To Be Introduced In Budget 2025 By Govt
Each tax targets obesity, climate change, wealth inequality, and economic growth, especially in tech.