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

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SST , Sales and Service Tax

   

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