KUALA LUMPUR: General insurance products will be subject to service tax following the recent passing of the Service Tax Bill in Parliament, said the General Insurance Association of Malaysia (PIAM).
The tax would be applicable to individuals who purchase general insurance policies except for medical policies.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!