Malaysias Prime Minister YAB Dato Sri Mohd Najib Tun Abdul Razak presented the 2012 budget proposals on 7 October 2011. Some of the changes affecting individuals are briefly outlined below. 1. Contribution to Retirement Scheme Approved by Securities Commission It is proposed that a separate tax relief of MYR 3,000 be given for contributions made [...]Related posts:US: FY2012 Budget ReleasedMalaysia and 2010 BudgetMalaysias 2011 Budget Presented