In brief
As the next step in the MADANI Economy Framework, the MADANI themed Budget 2024 was introduced on 13 October with three focuses in mind. Namely, enhancing governance, restructuring the economy and elevating the people’s standard of living. This infographic sets out the key tax developments and implications arising from the Budget 2024 announcement that may influence the way businesses are carried out in Malaysia moving forward.
Source: Baker McKenzie
Latest Posts in "Malaysia"
- Malaysia Extends E-Invoicing Deadline for Small Businesses, Eases Rules Until End of 2026
- Malaysia Lowers Service Tax, Expands Exemptions for Rentals, Construction, and Key Inputs
- SUPP Dudong Chief Urges Federal Government to Reinstate GST for Stable Revenue, Lower Living Costs
- IRBM Issues e-Invoice Guideline Version 4.6: Expanded Consolidation, Grace Periods, and Clarifications
- Malaysia Updates Sales and Service Tax Policies for MSMEs and Manufacturers Effective January 2026
