Budget 2026 simplified: What Malaysians can expect in tax reliefs, cash aids and other benefits 

KUALA LUMPUR, Oct 11 — Do you know what you will be getting from Budget 2026? If not, here’s a look at some of the key income tax reliefs and exemptions that you can look forward to:

More pricey alcohol, smoking products

Increased excise duties from November 1, 2025 for smoking products, including 2 sen hike per cigarette stick;

Excise duties hike for alcohol from November 1, 2025: 10 per cent;

Other tax changes:

Tax exemption on vehicles in Langkawi, Labuan limited to max RM300,000 starting Jan 1, 2026

Other benefits

Education and higher education

Major transportation projects coming soon

Major law reforms coming soon: