Hi-
I don't seem to have a clear idea about the tax slabs in Malaysia. I am looking to move to KL from India.
Is my understanding that tax levy will be outright 26% on the salary amount, correct?
Also does the salary structure in Malaysia accomodate any tax-free components(housing allowance,travel etc.)
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Non-residents are taxed at a flat rate of 28 percent. However, residents are taxed according to a progressive scale. Meaning, the more you make, the more you'll be taxed. To see an example of how much you'll need to pay according to your income - visit the Malaysian revenue services site.