This updated Budget Adviser includes key tax proposals from the Finance Bill, in addition to the highlights of the various tax measures that were announced in the Budget 2024.
We are pleased to share with you our updated 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.
Should you need more information or any clarifications about the Budget 2024, please do not hesitate to get in touch with our Tax team in our respective offices.