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Assuming sst is required, the following 45 results were found.
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to increase revenue collection and rationalise expenditures. Among the measures are raising the Sales and Services Tax (SST) rate from six per cent to eight per cent and implementing targeted diesel subsidies in 2024. “The government is implementing...
- Type: Article
- Author: Natrah
- Category: Press Citations
- Language: en-GB
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that one of the measures to bridge the economic gap is the targeted and progressive expansion of the Sales and Services Tax (SST), which took effect on July 1, 2025, to ensure that the tax burden is distributed more fairly and borne by those with the...
- Type: Article
- Author: Hadina
- Category: Press Citations
- Language: en-GB
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earners) is a lot worse than a much more progressive mechanism along the way. “So today, we have the sales and services tax (SST) regime in place, and what we are doing is widening the catchment of the SST while the ability to institutionalise it is...
- Type: Article
- Author: Saidi
- Category: Press Citations
- Language: en-GB
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Government deficit is projected to narrow to 3.8% of GDP in 2025, down from 5.5% in 2022 on stronger Sales and Service Tax (SST) collection and subsidy reforms, and this is expected to further narrow to 3.5% in 2026. Fitch is certain that the 3% of GDP...
- Type: Article
- Author: Hadina
- Category: Press Release
- Language: en-GB
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LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting...
- Type: Article
- Author: Hadina
- Category: Press Citations
- Language: en-GB
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quarter in 2024 to RM72.1 billion, driven by higher tax collection, particularly from a surge in Sales Tax and Service Tax (SST) receipts as well as higher collection of individual income tax; Total expenditure contracted by 2.5% to RM94.2 billion, due...
- Type: Article
- Author: Noris
- Category: Press Release
- Language: en-GB
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KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir...
- Type: Article
- Author: Hadina
- Category: Press Citations
- Language: en-GB
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that there is insufficient time to implement the Service Tax by 1 July 2025. For companies not currently registered under SST but provides one of the newly taxable services such as rental, in July 2025 they would need to first establish whether they...
- Type: Article
- Author: Noris
- Category: Press Release
- Language: en-GB
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cooking oil and rice among others. This is to ensure that the majority of Malaysians are not affected by the revisions to the SST. Raw sugar, which is used as a raw material in the production process of refined sugar, will be subject to 5% Sales Tax....
- Type: Article
- Author: Hadina
- Category: Press Release
- Language: en-GB
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in labour’s share of the economy from 33 per cent to 40 per cent. He also stressed that the expansion of the service tax (SST) would not affect the residential housing sector. “Construction and supply of materials for residential projects are exempt...
- Type: Article
- Author: Saidi
- Category: Press Citations
- Language: en-GB
