Budget 2003 - Increase in Tax Relief for amount deposited into SSPN

Previously is RM3,000.00 but starting from 2012 until 2017, the tax relief be increased to RM6,000.00.

Budget 2003 - Reduction in Income Tax Rates for Residents

Presently, Tax Rates calculated based on scale rates ranging from 0% to 26%, effective from 2003 the tax rates reduced by 1% for chargeable income bands from RM2,501.00 to RM50,000.00.