Tax breaks, GST relief, healthcare and housing among highlights


  • Nation
  • Friday, 23 Oct 2015

Prime Minister Datuk Seri Mohd Najib Tun Razak (second from left) together with second finance minister Datuk Seri Ahmad Husni Hanadzlah (left), deputy prime minister Datuk Seri Ahmad Zahid Hamidi (third from left) and deputy finance minister Datuk Chua Tee Yong posing with the Budget 2016 book at parliament.

PETALING JAYA: Goods and Services Tax (GST) relief, tax breaks for spouses, parents and caregivers, education development, healthcare and infrastructure development, and infrastructure development initiatives for Sabah and Sarawak - these are the highlights of Prime Minister Datuk Seri Najib Tun Razak's Budget 2016.

Najib, who presented his budget speech before the Dewan Rakyat Friday afternoon, first shook Parliament when he announced that certain items would be GST-free from Jan 1 2016.

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GST , health , education , housing

   

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