| LATEST NEWS | Perlis Menteri Besar Mohd Shukri handed his resignation letter to the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, this afternoon | Mohd Shukri Ramli announced his resignation as Perlis Menteri Besar due to health factors | |
PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the service tax scope and the revision of the sales tax rate, effective from July 1, 2025, can be made starting from Aug 1, 2025.
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).
KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).
PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, June 19 (Bernama) -- MSM Malaysia Holdings Bhd reiterates its call for a tariff on imported sugar to address the ongoing influx of low-priced Thai sugar into the domestic market.
KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).
KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.
By Zufazlin Baharuddin
PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.
PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.
KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.
