Budget 2026: Stamp Duty Exemption For Employment Contracts Raised To RM3,000!

Date:

Prime Minister Dato’ Sri Anwar Ibrahim announced that the stamp duty exemption threshold for employment contracts will be raised from the current RM300 per month to RM3,000 per month.

He made the announcement this afternoon while presenting the 2026 Budget in the Dewan Rakyat, adding that the new regulation will take effect from January 1 next year to help reduce business operating costs.

Share post:

Popular

More like this
Related

Mexico Bans Mobile Phones In Schools, But Parents Fear Children Could Be Left Helpless During Shootings

Mexico has introduced a nationwide ban on mobile phones...

North Korea Denies Role In US$6 Billion Binance Crypto Heist, Kim Jong Un’s Sister Hits Back At FBI

North Korea has denied accusations that its hackers were...

Trump Administration Suspends South Africa And Rwanda From US Duty-Free Trade Programme

The United States will suspend South Africa and Rwanda...

Iran-US Peace Talks Continue As Tehran Warns Washington Holds Key To Ending Eight-Month War

Iran has confirmed that negotiations with the United States...