PH 'no choice' but to support Budget 2023
This is despite the fact that doing so would put Barisan Nasional in a positive light.
Budget allocation for marketing a drop in the bucket, say hotel players
While the total allocation of RM1.6 billion will help boost the tourism industry, many factors need to be taken into consideration, they say.
TIN to boost revenue source, tax cuts offer relief
Individual income tax rates will be cut while incentives will be continued for a number of areas.
We'll discuss GST but not this year, says Zafrul
Finance Minister Tengku Zafrul Aziz says any discussion on the consumption tax will depend on the state of the economy.
Education sector continues to get lion's share of budget
A total of RM55.6 billion has been allocated to the ministry compared to RM52.6 billion the year before.
Civil servants get windfall with RM2,500 cash aid
Funds have been allocated for cash assistance for a number of groups including civil servants and low-income families.
RM1.2 billion allocated for persons with disabilities
This is for the provision of aid for the care of those with chronic diseases and allowances for those who are unable to work as well as disabled workers.
Over RM1 billion allocated for senior citizens, Orang Asli
An additional tax deduction for employers employing ex-prisoners will also be extended to former inmates of Henry Gurney Schools and government protection and rehabilitation institutions.
Self-employed workers, including food delivery drivers, to contribute to Socso
80% of Socso contributions will be borne by the government.
First post-Covid budget sees tighter allocation of RM372.3 billion
This is compared to the revised budget of RM385.3 billion allocated for 2022.
Budget 2023 has recovery efforts, economic resilience in sight
Themed 'Keluarga Malaysia, Makmur Bersama', the budget will focus on four main areas – people, business, economy and government.
Big or small? Economists tell how Budget 2023 could help fight recession
They urge the government to avoid a populist budget, and to 'really deal' with economic issues instead.