14d ago
PUTRAJAYA, Oct 20 (Bernama) -- The government's fiscal policy remains committed to supporting the country's development objectives while ensuring that the well-being of the people continues to be a top priority, Treasury secretary-general Datuk Johan Mahmood Merican said.
15d ago
PUTRAJAYA, Oct 19 (Bernama) -- Based on the government data, the 300-litre petrol subsidy quota provided under the BUDI MADANI RON95 (BUDI95) programme is sufficient for normal personal use, said Treasury secretary-general Datuk Johan Mahmood Merican.
21d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
2m ago
PUTRAJAYA, August 7 (Bernama) -- The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan and will focus on three main pillars, namely raising the ceiling, raising the floor, and strengthening good governance in the public administration.
4m ago
KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.
4m ago
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.
4m ago
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).
4m ago
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.
4m ago
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.
4m ago
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.
4m ago
KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia.
6m ago
KUALA LUMPUR, April 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver the keynote address and officiate the launch of the ASEAN Simplified Environmental, Social and Governance (ESG) Disclosure Guide for SMEs in Supply Chains Version 1 today (ASEAN SEDG).