The Prime Minister announced the PEMERKASA Stimulus Package valued at RM20 billion on 17 March 2021, with additional fiscal injection by the Government amounting to RM11 billion.
Under the PEMERKASA, the focus would be on 20 strategic initiatives to boost economic growth, support businesses and continue targeted assistance to the people and sectors that are still affected due to the COVID-19 pandemic.
Below are a select few of the highlights and tax initiatives under the PEMERKASA, including extension of a few measures previously announced under the preceding economic stimulus packages –
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