KUALA LUMPUR: The government will likely announce a bigger-than-usual number of incentives for the various sectors of the economy in the upcoming Budget 2023.
When contacted by StarBiz, economists and analysts generally said that there was a high chance that a number of labour-reliant industries could benefit from tax incentives and are expecting priority to be given to automation and levelling up technology for industries, including small and medium enterprises (SMEs).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!