Manufacturers’ federation hopes to see greater R&D incentives in Budget 2023


KUALA LUMPUR (Jan 3): The Federation of Malaysian Manufacturers (FMM) has called upon the government to continue supporting research and development (R&D) and innovation initiatives via greater allocation of financial assistance, incentives and initiatives in the upcoming Budget 2023 Such support includes the liberalisation of the double deduction tax incentive for R&D expenses by allowing an automatic deduction [...]

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