KUALA LUMPUR, Oct 14 — Malaysians are expected to get more cash handouts and tax incentives and reliefs next year to help them face a rise in living costs, as the government...
KUALA LUMPUR, Oct 14 — Malaysians are expected to get more cash handouts and tax incentives and reliefs next year to help them face a rise in living costs, as the government moves towards a more targeted approach to subsidies.If you are in the lower-income category, here’s what you will enjoy:Using savings by retargeting subsidies, the government can increase STR handouts from RM8 billion to RM10 billion, to be given to nine million recipients .
Those with National Higher Education Fund Corporation student loans will enjoy discounts of 10 to 15 per cent from today until March 31, 2024 Income tax exemption for women returning to workforce extended until December 31, 2027 to reach target of 60 per cent female participation rate
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