PETALING JAYA: Trade associations have called for a more robust business framework and a friendlier system to ease the process of doing business in their Budget 2026 wishlist.
SME Association president Chin Chee Seong said there is a need for a reduced corporate tax rate of 10% for the first RM300,000 chargeable income for qualifying small and medium enterprises (SMEs) and a corporate tax exemption on the first RM150,000 beyond 2026.
