KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027, tabled by Prime Minister Datuk Seri Anwar Ibrahim today, reflects the government’s commitment to addressing the concerns of the people, including the middle-income (M40) group.
General : Budget 2027: Govt Committed To Addressing Peopleâs Concerns, Including M40 - DPM Zahid
Ahmad Zahid Hamidi, Budget 2027, people, M40, KKDW
Key takeaways
Budget 2027 aims to ease financial pressure on M40 households with tax relief and minimum wage increases, while supporting MSMEs and entrepreneurs.
- Budget 2027 increases individual tax relief to RM12,000, benefiting M40 groups.
- Minimum wage rises to RM2,000 in June 2027, with exemptions for small businesses.
- Focus on boosting exports and developing MSMEs and local entrepreneurs.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
6 stories on this topic from 5 sources, oldest first.
- Paul Tan's Automotive News Budget 2027: Minimum wage, perks for e-hailing and p-hailing workers – govt/Grab funding RM160m package
- Bernama General : Budget 2027: Govt Committed To Addressing Peopleâs Concerns, Including M40 - DPM Zahid (this story)