Healthcare made headlines last year when Prime Minister Anwar Ibrahim announced a significant allocation of RM41.22bil for the Health Ministry (MOH) in Budget 2024, marking a notable increase of approximately 13.5% from the previous year’s allocation of RM36.3bil in Budget 2023.
Budget 2023 more directional with long-term growth, says Goyal : Rashtra News #Budget #directional #longterm #growth #Goyal Stating that the budget 2023 is more directional with a quarter of a century of sustained growth in mind, Commerce and Industry minister Piyush Goyal on Saturday sought to deflect criticism in certain quarters that the government focused
New Tax Regime vs Old Tax Regime: An important aspect of opting into the new regime was that once opted in, persons having business/professional income could only opt out of the regime once and thereafter, would be prevented from opting back in.
Old Tax Regime vs New Tax regime: The Union government in Budget 2023 made the New Tax Regime a default choice. If a taxpayer does not choose between the old and new tax regimes, then their taxes will be automatically calculated under the new regime.