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Malaysia’s Budget 2026 was tabled in Parliament on 10 October 2025. The fourth MADANI Budget, themed "The People's Budget" marks the first Budget under the 13th Malaysia Plan (2026–2030).
Contents
The Budget reaffirms the three pillars of Ekonomi MADANI - Raising the Ceiling of National Growth, Raising the Floor of Living Standards, and Driving Reform and Good Governance.
Amid global uncertainties and growing competition, Budget 2026 has remained focused on advancing Malaysia’s long-term economic reform agenda, while also addressing near-term challenges to sustain growth and safeguard economic resilience. At the same time, it has prioritised the well-being of the rakyat through targeted, outcome-driven measures aimed at improving the overall quality of life.
This Budget Adviser outlines numerous updates on the various existing tax measures, as well as new tax initiatives as announced in Budget 2026.
