Budget aims to bridge income divide

MALAYSIA’S Budget 2025 represents a decisive step towards narrowing the income divide between the nation’s wealthiest and most vulnerable citizens. This year’s budget not only introduces fiscal measures to support low-income households but also implements structural reforms that will generate long-term economic benefits, ensuring that prosperity is more equitably shared across all segments of society.

One of the most impactful moves is the introduction of progressive taxation on high-income earners, such as the 2% tax on dividends exceeding RM100,000.