Malaysia's House of Representatives and Senate passed the Finance Bill 2023 on 3 April 2023 and 10 April 2023, respectively. The Finance Bill 2023 contains certain measures of the revised Budget for 2023 and others. The main income tax measures of the bill include:

• An increase in the personal deduction limits for certain medical expenses from MYR 8,000 to MYR 10,000, as well as the introductio…