PETALING JAYA: The recently extended vehicle sales tax holiday is a timely move, as it will help boost sales and absorb the impact of the multiple lockdowns imposed this year.
An analyst with a local bank-backed brokerage said the sales tax exemption will especially help bolster the sales of local car manufacturers, considering the current economic uncertainties.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
