Budget 2023: Income tax raised for T20 group


KUALA LUMPUR: Income tax will be raised by 0.5 to two percentage points for the T20 group or those earning between RM100,000 and RM1mil, says Prime Minister Datuk Seri Anwar Ibrahim in tabling Budget 2023.

“However, less than 150,000 tax payers will be charged with higher taxes,” said Anwar.

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Monthly Plan

RM 13.90/month

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Budget 2023 , T20 , income tax , Anwar Ibrahim

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