The Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) assistance package that is valued at RM15 billion has been announced by the Government this afternoon. There will be a total of 22 initiatives implemented under the PERMAI assistance package, intended to achieve the following 3 objectives:

1)Combatting the Covid-19 pandemic

2)Safeguarding the welfare of the people

3)Supporting business continuity

Our Tax Alert publication highlights some of the initiatives that were announced. Read our full publication to know more.