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Budget Adviser 2024

We are pleased to present to you Grant Thornton’s Budget Adviser. 

Malaysia’s Budget 2024, themed “MADANI Economy: Empowering the People” was tabled on 13 October 2023 by our Prime Minister and Finance Minister, Dato’ Seri Anwar Ibrahim, with a total allocation of RM393.8 billion.

Crafted with the MADANI Economy framework in mind, Budget 2024 is said to be the continuation of the MADANI Budget that was tabled in February with 3 main focuses: Good Governance for Service Agility, Restructuring of the Economy to Boost Growth and Raising Rakyat’s Standard of Living.

This Budget Adviser outlines numerous updates on the various existing tax measures, as well as new tax initiatives.