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budget 2017 malaysia pdf

For the past 60 years, the Parti Perikatan and now, the Barisan Nasional Government has successfully sustained the GDP growth at an average of 6% per annum. 7. Budget 2017 was tabled by our Prime Minister Dato’ Sri Najib Tun Razak in Parliament on 21 October 2016. Taken in its entirety, Budget 2017 contains a host of balanced measures to support Malaysia’s goal to … We suspect there could be bigger one-off cash handout to pensioners, given prior to festivals or holidays similar to this year but with bigger amount. are set receive huge boost from Budget 2017, increasing by 14.6% to RM21.8b in 2017. This article first appeared in Corporate, The Edge Malaysia Weekly, on October 24 - 30, 2016. corporate tax rate scheme for Years of Assessment 2017 and 2018 is a welcome and innovative measure to incentivize and reward companies which have achieved growth. Themed ‘Accelerating Growth, Ensuring Fiscal Prudence, Enhancing Well-being of the Rakyat’, the budget focuses on improving the wellbeing of the rakyat and is aimed at maintaining fiscal discipline amidst continuing economic uncertainties. 2017 budget “ensuring unity and economic growth, inclusive prudent spending, wellbeing of the rakyat” The first post-independence budget was presented in the parliament in 1959 with only a total allocation of RM888 million, while the current 2017 Budget stands at RM260.8 billion. BUDGET 2017 CONTENTS Summary of 2017 Budget Measures - Policy Changes A.5 – A.10 Taxation Annexes to the Summary of 2017 Budget Measures B.1 – B.34 Economic and Fiscal Outlook (Incorporating the Department of Finance’s Autumn Forecasts) C.1 – C.63 Additional information and related documents are available on the Budget PRIME Minister Datuk Seri Najib Razak’s Budget 2017 is one that attempts to cover broad strokes amid a constrained environment of uneven global economic growth, low oil prices and ongoing fiscal consolidation. 6. Emoluments increases by 4.8% to RM77.4b from RM73.9b a …

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