Malaysia announces new taxes, cuts subsidies in tighter 2024 spending plan

KUALA LUMPUR, Oct 13 (Reuters) - Malaysia said on Friday it would introduce a capital gains tax and a tax on high-value goods and gradually cut subsidies to bolster its fiscal position, as an economic slowdown puts a strain on government spending. Prime Minister Anwar Ibrahim is under pressure to…#kualalumpur #malaysia #anwaribrahim #petronas
Source: Reuters: Health - Category: Consumer Health News Source Type: news