There are 56 news based on search keyword " sales tax"

Budget 2026: MAA Calls For Extension Of EV Incentives

By Zairina Zainudin

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to extend the existing tax incentives for battery electric vehicles (BEVs) in the upcoming Budget 2026 to accelerate the country’s electrification goals and attract long-term investments.

MoF Exempts Soybeans, Animal Feed From Sales Tax To Ensure Price Stability

PUTRAJAYA, Sept 12 (Bernama) – Animal feed, including raw soybeans which are a key component in its production, is now exempt from Sales Tax or subject to a zero rate as part of efforts to stabilise the prices of essential food items such as chicken, eggs and meat.

SST Expanded, Low-value Goods Tax Retained To Ensure Stable Revenue, Fair Competition - Lim

KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.

Procurement, Consumer Credit And Anti-Dumping Bills Passed Reflecting The MADANI Reform Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).

US Agricultural Products Tax Exemption Finalised Based On Mutual Interest - Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) – The sales tax exemption on imported United States (US) agricultural products is the result of negotiations finalised based on mutual interest, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Exporting Rare Earths To US Without Any Restrictions Is Not Exclusive Right To US -- Tengku Zafrul

KUALA LUMPUR, Aug 4 (Bernama) -- The agreement not to impose any export restrictions on the supply of rare earth elements/critical minerals to the United States (US) does not mean that Malaysia grants the US exclusive rights to the supply of those elements.

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).

Latest Fiscal Support Measures Positive For Consumer Sector -- CIMB Securities

KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd. 

FMM Seeks Swift Diplomatic And Domestic Interventions To Counter US Tariff Impact

KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.