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tax cuts

Ringgit opens higher against US dollar

At 8.01 am, the ringgit rose to 4.2190/2365 against the US dollar from Thursday’s close of 4.2300/2355

Tax cuts unlikely in Budget 2025, focus shifts to reforms, says economist

Government prioritises economic resilience, sustainability in upcoming budget plans

CTIM expects luxury goods tax hike, no individual, corporate tax cuts in new budget

Chartered Tax Institute of Malaysia does not expect tax cuts for individuals or corporates, but more details on the luxury goods tax and the mechanism for capital gains tax in the upcoming Budget 2024. 

◉ Popular

Smoking to cost more: BAT Malaysia lights up price tags with new cigarette rates

Cigarette prices for top brands will rise between RM12.40 and RM18.40 per pack starting November 21, 2025

AFC to name 2031 and 2035 Asian Cup hosts in joint announcement

Record number of bids for 2031 edition prompts AFC to consider back-to-back host decisions at upcoming congress

Harimau Malaya is TMJ’s vision: CEO

Rob Friend describes Johor Crown Prince as 'the visionary' behind Harimau Malaya’s heritage player initiative

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