PETALING JAYA, Oct 16 (Bernama) — Malaysia’s national Budget 2024 proposals unveiled on 13 October 2023 aim to empower the rakyat through a total allocation of RM393.8 billion.
Mr. Soh Lian Seng, Head of Tax at KPMG in Malaysia, observed how the proposals are setting the scene for future tax reforms that will align to the government’s aspiration to enable inclusive and sustainable economic growth. Notable key initiatives include:
