Under Budget 2023 tabled on Oct 7, 2022, by the former government, the income tax for the chargeable income band of between RM50,001 to RM100,000 was reduced by two ppt for the year of assessment 2023 -- from 13 per cent to 11 per cent for the RM50,001-RM70,000 band, and from 21 per cent to 19 per cent for the RM70,001-RM100,000 band.