Anwar Ibrahim Unveils 2027 Budget with Income-Tax Relief and Higher Wage Floors

Key TakeawaysAnwar Ibrahim tabled a RM459.8 billion budget targeting a fiscal deficit of 3.3% of GDP in 2027.The plan raises individual tax relief to RM12,000 and cuts rates for two middle-income bands, while increasing the top rate to 30%.Malaysia will raise the minimum wage to RM2,000 in June…

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