Additional Budget 2023 initiatives announced, SSPN tax relief extended to 2024

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Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced at the Dewan Negara on Wednesday (March 29) several additional initiatives in Budget 2023. Read more at

Anwar, who is also Finance Minister, when tabling the Supply Bill 2023 for second reading in the Dewan Negara on Wednesday said that the new additional initiative involves Aidilfitri assistance, an extension of individual tax relief and the provision of housing credit through the Syarikat Jaminan Kredit Perumahan .

In Budget 2023 tabled on Feb 24, the government announced a Special Aidilfitri Assistance of RM300 per month for fishermen, RM200 per month for rice farmers for a period of three months per season as well as increasing the monsoon contribution from RM600 to RM800 for a period of four months to rubber smallholders.

"This was decided after hearing public concerns and complaints made to the government announcement. This will incur losses of RM250mil per year in government revenue, but will benefit approximately 400,000 taxpayers," he said.

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