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Malaysia to widen tax net, raise minimum wages in 2025
Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record
Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record budget spending plan of 421 billion ringgit ($98 billion).
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country’s fiscal deficit
Budget 2025: Malaysia forecasts record budget spending for 2025, more subsidy reform
Malaysia on Friday unveiled a record budget spending for 2025, focusing on economic restructuring to improve its revenues through subsidy rationalisation and fiscal reforms.
Malaysia plans record budget spending in 2025 as reforms boost revenue
Malaysia announced on Friday record budget spending of 421 billion ringgit ($98 billion) for 2025, with the government boosting salaries and retirement funds for civil servants as it pursues further subsidy and tax reforms to bolster revenue.
Astro Awani
4h
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Ibj.com
21h
Lawrence council passes $28M budget for 2025 amid criticism
Lawrence’s tumultuous budgeting process for 2025 reached an anticlimactic ending Wednesday evening when councilors voted 7-0 ...
RiverheadLOCAL
1d
Hearing for 2025 town budget and tax cap override scheduled for Nov. 7 at 2 p.m.
The Town Board set a public hearing for Nov. 7 at 2 p.m. on the town’s proposed 2025 operating budget and on a local law ...
KREX Grand Junction on MSN
2d
2025 Mesa County budget proposal made Tuesday
The 2025 Mesa County budget proposal was made Tuesday to Mesa County’s Board of Commissioners. The 2025 budget, consisting of ...
4d
Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances
Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and ...
Daily Camera
1d
Boulder approves $589.5M city budget for 2025, braces for financially tight year ahead
Boulder’s elected officials have officially adopted a city budget of $589.5 million for 2025. The City Council approved the ...
Daily Journal
2d
Johnson County Council OKs $56.7M general fund budget for 2025
Some changes over last year’s
budget
include funding for Smith Valley Road improvements and other road repairs, investments ...
1d
on MSN
Malaysia to widen tax net and cut subsidies in 2025 as budget spending hits record
Malaysia will widen the scope of its sales and services tax (SST) and reform the subsidy of a widely used fuel next year, ...
15h
Colorado Springs City Council to begin public 2025 budget discussions next week
Next week the Colorado Springs City Council will begin holding public discussions on Mayor Yemi Mobolade's proposed $939 ...
3d
Wilkes-Barre mayor announces 2025 General Budget
The 2025 General Budget for Wilkes-Barre was announced on Tuesday by Mayor George Brown. The budget does not pose a tax ...
ringgitplus.com
7h
Budget 2025: Key Highlights To Know
Prime Minister Datuk Seri Anwar Ibrahim – who is also the Finance Minister – has tabled the national budget for year 2025. Budget 2025, which is the third ...
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Malaysia
Anwar Ibrahim
Italy
Gross domestic product
minimum wage
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