Budget 2027: Relief for caregivers as service tax for older citizens’ care reduced, new tax exemptions and increased financial aid announced
AI Summary
Malaysia’s Budget 2027 includes a reduction in the service tax on elderly care services from 8% to 6%. The government also announced new tax exemptions and increased financial aid, offering relief to caregivers and older citizens.
KUALA LUMPUR, Oct 9 — The service tax rate for elderly care services will be reduced from eight to six per cent, s...