Sales tax rate of 5 per cent or 10 per cent will be imposed on non-essential and luxury goods including salmon and imported fruits from Jul 1. The service tax will also be expanded to cover six ...

US President Donald Trump has announced a 25 per cent tariff on all Malaysian products entering the United States, effective ...

MALAYSIA should go ahead with implementing a carbon tax, but with certain conditions. This is to protect the rakyat from the negative effects.

Malaysia is expanding its sales and service tax to include the construction and financial services sectors effective July 1, according to the Finance Ministry.

Malaysia’s revised sales and service tax (SST) will take effect on 1 July 2025 to boost revenue and broaden the tax base, the Ministry of Finance (MOF) announced. First revealed in Budget 2025 ...

Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record ...

KUALA LUMPUR - Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank. Its latest report titled "A Fresh Take on Reducing Inequality and ...

Here's the full list of LHDN tax reliefs in Malaysia for YA 2024 that you can claim to cover self, spouse, child, parents and disabled.

Malaysia plans to introduce a heavier 'sugar tax' as the government tackles diabetes and other non-communicable diseases in the country.

The country is expected to leverage its Asean presidency to drive cooperation in the regional carbon markets. At home, Malaysia is looking to drive down emissions through a climate bill, energy sector ...

Maybe the solution lies somewhere in the middle with the government, for a start, looking at regulations instead of taxes to reduce carbon emissions.