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Budget 2027 could deliver double relief for businesses, middle-income Malaysians - CIMB securities

MALAYSIAN businesses and middle-income households could receive a double boost from Budget 2027 through wider sales and service tax (SST) exemptions and targeted personal income tax cuts, potentially…

  • Malaysian businesses may receive broader SST exemptions for production inputs.
  • Middle-income households could see tax cuts on specific income brackets.
  • Government fiscal deficit expected to narrow slightly to 3.4% of GDP.

SBP rejects rumours about Rs10 banknote

KARACHI: The State Bank of Pakistan (SBP) on Thursday explicitly denied social media rumours claiming the Rs10 banknote is being phased out or that there is a set deadline for its discontinuation.

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