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World Bank urges Malaysia to expand tax revenue without raising rates in Budget 2027

BUDGET 2027 must focus on boosting national tax revenue without raising tax rates, including reviewing the income threshold for higher marginal individual income tax rates, the World Bank has advised.

  • World Bank urges Malaysia to boost tax revenue without raising rates in Budget 2027.
  • Reduce income threshold for higher individual marginal tax rates to increase revenue.
  • Simplify corporate income tax for SMEs and phase out special tax treatment at SME threshold.

Result of Yield/Price Based Auction of State Government Securities

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 97.10/7.9197 Re-issue of 7.46% Andhra Pradesh SGS 2035…

  • ₹236 crore accepted in auction out of ₹25100 crore offered
  • Andhra Pradesh, Karnataka, Maharashtra, Rajasthan top bidders
  • Delhi, Punjab did not accept any bids for securities

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