Law minister Datuk Seri Wan Junaidi Tuanku Jaafar has confirmed that the Budget 2023 (Bajet 2023) is set to be tabled by finance minister Datuk Seri Tengku Zafrul Abdul Aziz at 4pm on Friday, October 7, as scheduled, the Malay Mail reports.
He said that this was based on the information as of last night. “I was told the budget will be presented on October 7, and if there are any changes after that, I don’t know,” he said in response to questions about rumours indicating that parliament would be dissolved before Budget takes place this Friday.
The decision to bring forward Budget 2023 by three weeks from its original date was made at the end of August. Speculation is rife that the move will allow parliament to be dissolved several days after the tabling of the budget, paving the way for a general election to be called.
However, prime minister Datuk Seri Ismail Sabri Yaakob said in August that the decision to bring forward the tabling of Budget 2023 was not unusual, as it had been done before. “This is normal. During Pak Lah’s (former prime minister Tun Abdullah Ahmad Badawi) time, the Budget was tabled in September,” he said.
In July, Tengku Zafrul indicated that Budget 2023 will focus on more sustainable subsidy management and strengthening the country’s resilience against future shocks. From an automotive-related perspective, the biggest news in last year’s budget were the tax and duty exemptions announced for electric vehicles (EVs).
It could be that Budget 2023 will see further developments on this front, possibly on enhancing the growth of the charging infrastructure as well as that concerning regulations. Last month, the ministry of international trade and industry (MITI) said it had proposed that more EV incentives be included in this year’s budget.
We’ll be covering all auto and transport-related matters that will be presented in Budget 2023, so be sure to check in again on Friday for all the latest news.
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I want
– cheap fuel
– cheap cars
– cheap tolls (best FOC)
– cheap income tax
I don’t care
– cheap ringgit
– cheap politicians
– GST cheap/expensive
Remove all taxes for electric vehicles to save environment
2. Reduce taxes for hybrid and plug in hybrid vehicles to save environment by giving tax incentives
Remove taxes for european cars
4. Impose car taxes based on horsepower
5. Roadtax must be based on horsepower
6. Impose stricter for lemon law
7. Reduce taxes for European and Korean cars including CBU and CKD
8. Remove taxes for pick up trucks
9. Remove taxes for CBU vehicles
Can’t agree:
1. Removing all taxes for CKD vehicles (Reasons: because traffic jam might increase and pollution)
New bajet. How much Malaysia for debts incurred by 1MDB & korupjib goons,
These Pakatan goons should stop politicking in our blog site. This comment has nothing to do with automotive. Get lost!!
+1 for you
Good idea! The thing is stop congestion is to tax more for the rich like turbo gasoline cars. Make lesser taxes for naturally aspirated engine, hybrid and turbo diesel cars
Hope our FM will take heed the callous and loose attitudes of GB Kwasi in irresponsible management of the nation economy. Whatever budget does not need to be all people friendly but has to be prudent. The people as well should not make or expect foot loose goodies or fantastic promises. One that makes these promises ahould be kept far away from seat of power.
+1 for you
Proposal
1. Remove all taxes for electric vehicles to save environment
2. Reduce taxes for hybrid and plug in hybrid vehicles to save environment by giving tax incentives
Remove taxes for european cars
4. Impose car taxes based on horsepower
5. Roadtax must be based on horsepower
6. Impose stricter for lemon law
7. Reduce taxes for European and Korean cars including CBU and CKD
8. Remove taxes for pick up trucks
9. Remove taxes for CBU vehicles
Can’t agree:
1. Removing all taxes for CKD vehicles (Reasons: because traffic jam might increase and pollution)
Engine capacity is way outdated already. Should do now based on horsepower
How do you measure horsepower for EV?
remove taxes
Jams Jams already! Why ask again.
What for when they are going to dissolve the parliament before the budget is approved? Waste of time or they are trying to fish for votes???
For those who are hoping for the removal of taxes and cheaper fuel etc, I do wish the same but the harsh reality is, our Country is not/no longer RICH as it should be. The country is in debt and the government (whoever it is) will need money to make the situation better. Where will the fast money come from? Of course through taxation.
So, to one day see lower taxes, better vote wisely and hope the government of the day will bring the country back to its best before we can dream again.
Traffic jams already heavy, how to reduce tax but fuel cheaper is still acceptable
Whatever it is. Traffic jams must solved the problem, before can do whatever want to lower the taxes but not all, wise ones will not follow to lower taxes straight away before solving problems on traffic jams. Cheaper fuel is needed which rakyat wants