Budget 2021: Lower income tax for those earning between RM50,001 and RM70,000

PETALING JAYA: The income tax of those earning between RM50,001 and RM70,000 will be lowered by one percentage point, says the Finance Ministry.

This initiative is expected to benefit 1.4 million taxpayers, said its Minister Tengku Datuk Seri Zafrul Abdul during the tabling of Budget 2021 in parliament on Friday (Nov 6).