Zafrul: Four more months to enjoy car sales tax exemption incentive


Finance Minister Tengku Datuk Seri Zafrul  Abdul Aziz

KUALA LUMPUR: There are four months left for Malaysians to buy locally made or imported cars and enjoy tax incentives which will end soon, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said the Finance Ministry under Budget 2022 had extended the car sales tax incentive exemption period until June 30, 2022 to encourage car ownership, stimulate local economic growth and drive the development momentum of the automotive sector.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Covered but still exposed
Auction market rising
Why some homes rot faster
Perlis Inland Port to contribute to US$30bil Malaysia-Thailand trade target
Hormuz gloom for European stocks
Asia-Pacific debt markets gain traction
Shifting to a lower gear
Sobering times for alcohol industry
Climate tech latest investment play
Oriental Kopi’s quick profit dip highlights challenges in F&B sector

Others Also Read