Government to replace B40, M40, T20 classification with a net disposable income approach
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YouTubeNST Online
Government to replace B40, M40, T20 classification with a net disposable income approach
The Malaysian government will soon replace the B40, M40, and T20 income classifications with a system based on net disposable income which reflects earnings after taxes, deductions, and essential expenses. Economy Minister Rafizi Ramli says the move is to improve subsidy targeting, particularly for items like RON95 fuel. The change addresses ...
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