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Measures, including taxing the Top 20 (T20) high-income group and luxury goods as well as the reintroduction of a voluntary disclosure programme, are expected to increase the government’s tax collection by 4% over total revenue in 2023 compared with 2022, according to Deloitte Malaysia. ....
As Datuk Seri Anwar Ibrahim unveiled his first budget after a gap of 26 years, one could not help but notice the long list of measures targeted towards the business sector. ....