Prime Minister YAB Dato’ Seri Anwar Ibrahim unveiled the Budget for the Year of Assessment 2025 (YA 2025) on October 18, 2024.
Budget 2025, comes up with annual tax relief extension and expansion of various deductions and exemptions from Year of Assessment 2025 to 2027. There are also increase in the tax relief for the disabled individuals and their dependents.
The Position Statement has been revised to include more details about these legislative updates and the patch availability. We encourage our customers to review the position statement regularly to stay updated. The Position Statement can be found on My Oracle Support,, Document ID 2973834.1