Key Highlights of Malaysia’s Budget 2024
Malaysia’s national budget for 2024 (“Budget”) was announced by Prime Minister and Finance Minister YAB Dato’ Seri Anwar bin Ibrahim on 13th October 2023 and is themed “Economic Reforms, Empowering the People”. This represents the largest expansionary budget in the country’s history with an allocation of RM393.8 billion with various tax measures aimed at broadening …