Budget 2025: SST to be expanded from May 2025


KUALA LUMPUR: Malaysia will progressively expand its Sales and Services Tax (SST) from next May, and it will be widened to include commercial services, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also Finance Minister, also said blanket subsidies for the widely used RON95 petrol fuel would be changed to a more targeted approach from the middle of next year.

He made the remarks in his Budget 2025 to Parliament on Friday (Oct 18). – Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SST , Sales and Service Tax

Next In Nation

Laos drug seizure: Filipino passenger boarded flight without carry-on baggage, says charter company
Govt preparing for possible El Nino threat to food security
Nostalgia alone not enough to convince voters, Khairy says at 12th BN Forum
Two slashed with sword in fight at Gua Musang rubber store
E-Jamin: Govt reviewing formal agreement with Dapat Vista before presenting to Cabinet
Agenda Biru calls for a more inclusive, stable, competitive M'sia, says Dr Wee
Nation-building must go beyond electoral cycles, says Zahid
Dialogue with Myanmar leadership does not equal endorsement, says Kamil Munim
Fuel prices Oct 8-14: RON97, unsubsidised RON95 up 15sen, diesel unchanged
HR Ministry takes intervention measures to protect rights of closed plant workers in Terengganu

Others Also Read