1. Areas
1.1. Individuals
1.1.1. Personal tax relief
1.1.1.1. Exemption of RGPT
1.1.1.2. RM5,000 exemption to employees who receive
1.1.1.2.1. Notebook
1.1.1.2.2. Tablet
1.1.1.2.3. 📱 Mobile phone
1.1.2. Cash subsidy
1.1.2.1. 👩👦 Single mothers
1.1.2.2. 👨🦽 Disabled person
1.1.2.3. 👦 Single individual
1.2. 🏖️ Tourism
1.2.1. Deferment of tax instalment
1.2.2. Tourism tax exemption
1.3. 🚗 Automotive
1.3.1. Sales tax exemption on passenger cars
1.3.1.1. 100% on locally assembled cars
1.3.1.2. 🚢50% on imported cars
1.4. SME
1.4.1. Income tax rebate
1.4.1.1. Up to RM 20,000 for new SMEs
1.4.2. 🤝Stamp duty exemption for M&A
1.4.3. Waiver of service tax
1.5. Foreign Investor
1.5.1. 100% Investment tax allowance
1.5.1.1. Relocation of facilities to Malaysia
1.5.2. 🏭 0% tax rate in manufacturing sector
1.5.2.1. For 10 Years
1.5.2.1.1. Investment of RM 300m - 500m
1.5.2.2. For 15 years
1.5.2.2.1. Investment >RM 500m
2. Short/Long term stability
2.1. Protecting cash flow
2.1.1. To meet expenses
2.1.1.1. Businesses
2.1.1.1.1. Wages
2.1.1.1.2. Suppliers
2.1.1.1.3. Rental of Premises
2.1.1.2. Families
2.1.1.2.1. 🍔 Food
2.1.1.2.2. 🏠 Rent
2.1.1.2.3. 🎓 Children's education
2.2. Reduce bankruptcy risk
2.2.1. Extended loan repayment period
2.3. Encourage SMEs
2.3.1. Create more job opportunities
2.3.1.1. Reduce unemployment rate
2.4. Minimize Social Issues
2.4.1. Family disputes
2.4.2. Theft
2.4.3. Illegal activities
2.5. Rebuild Investors Confidence
2.5.1. 💰 Pump in foreign funds
2.5.2. Create job opportunities
3. Suggestions
3.1. Businesses
3.1.1. 💻 Digital transformation
3.1.1.1. E-commerce
3.1.1.2. Electronic point-of-sale systems (e-POS)
3.1.1.3. Enterprise resource planning (ERP)
3.1.2. Diversification
3.1.2.1. 🍩 Thai Airways selling street food
3.1.2.2. DRB-HICOM producing face shield
3.1.2.3. MyEG distributing test kits
3.1.3. Reskilling & upskilling
3.1.3.1. HRDF
3.1.3.2. SIDC
3.1.3.3. LinkedIn learning
3.1.3.4. TalentLMS
3.2. Citizens
3.2.1. Retrenched individuals
3.2.1.1. 🔧 Upskill
3.2.1.1.1. Business Analytics
3.2.1.1.2. Artificial Intelligence
3.2.1.1.3. Digital Marketing
3.2.1.1.4. Cloud Computing
3.2.2. Individuals with stable income
3.2.2.1. Increase spending
3.2.2.1.1. Increase business revenues