No more free ride for the rich


Prime Minister Datuk Seri Anwar Ibrahim. — Bernama

BUDGET 2025 turned out largely as expected. However, it was not without some surprises.

There was a 2% tax on dividend income over RM100,000, carbon tax on steel and power industries from 2026 and the re-introduction of income tax relief on housing loan interest payments for first-home buyers.

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