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.
Related stories:
- Live updates: Budget 2025 highlights
- Budget 2025: RM20mil for National Scam Response Centre
- Budget 2025: Anwar quotes Confucius in Mandarin to highlight importance of not repeating mistakes
- Budget 2025: No more subsidies for T15 community in residential schools, public varsities
- PM tables RM421bil allocation for Budget 2025
- Budget 2025: No more mega projects, says PM
- Budget 2025: MACC to get RM360mil next year, up from RM338mil in 2024, says Anwar
- Budget 2025: RM87mil to combat smuggling, cartels
- Budget 2025: Contract Act among 3,000 outdated laws to be reviewed, says Anwar
- Budget 2025: Federal govt to work with S'wak to develop cancer centre in Kuching, says Anwar
- Budget 2025: Govt plans to leverage, expand existing city transit system
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
