M40: Individual tax reduced by 2.0%


KUALA LUMPUR: Close to one million resident individual taxpayers will enjoy reduced taxes as part of the government's efforts to increase disposable incomes, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Resident individual tax is reduced by two per cent for taxable incomes of between RM50,000 and RM100,000 per annum, he said when tabling the Budget 2023 themed "Keluarga Malaysia, Makmur Bersama” in the Dewan Rakyat today.

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individual tax , M40 , Zafrul Abdul Aziz

   

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