Budget 2027: Individual tax relief increases to RM12k
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Malaysian Prime Minister Anwar Ibrahim has tabled the 2027 Budget, focusing on middle-class relief, increased tax benefits, and support for civil servants. The budget includes measures for maternity leave, childcare, and housing for public sector employees.
Why it matters
National budget announcements are primary drivers of economic policy and social welfare, directly affecting the cost of living and public sector stability.
News ✕ Budget 2027: Goodies galore, benefits for the middle class Malaysiakini Team Published: Oct 9, 2026 3:30 PM LIVE | Prime Minister Anwar Ibrahim has tabled Budget 2027 in Parliament.
Next year's budget is chock-full of goodies, many of which benefit the middle class, including increased tax relief and broader tax claims.
There are also allowances for youths, relief for National Higher Education Fund Corporation borrowers, and more assistance for Rahmah Cash Aid recipients.
LIVE | Prime Minister Anwar Ibrahim has tabled Budget 2027 in Parliament.
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