Federal govt’s revenues to grow by 5.5 pct in 2025 — MOF
KUALA LUMPUR, Oct 18 — The Federal government’s revenues are estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion...
Govt constantly monitors DSC-to-revenue ratio — Finance Ministry
KUALA LUMPUR, July 18 — The government constantly monitors debt service charges (DSC) expenditures and revenue collection performance to ensure the DSC-to-revenue ratio does not...
Consumption-based tax collection lower after SST reimposition
KUALA LUMPUR, July 10 — The collection of consumption-based tax revenue has decreased following the re-implementation of the sales and service tax (SST) to replace...
Finance Ministry projects Fed govt’s revenue this year increases to over RM312 bln
KUALA LUMPUR, March 27 — The Federal government’s 2024 revenue is projected to increase to RM312.159 billion after taking into account Budget 2024 tax measures,...
GLC, GLIC transformation to boost domestic investments, increase non-tax revenue — PM
KUALA LUMPUR, March 26 — The government will implement the transformation of government-linked companies (GLCs) and government-linked investment companies (GLICs) including boosting strategic domestic investments...
Ramadan bazaar food price hike due to high lot rental cost, not SST — PM
KUALA LUMPUR, March 26 — The increase in food prices at Ramadan bazaars is not due to the sales and service tax (SST) implementation but...
Ops Kesan: Over 7,500 premises checked to monitor service tax hike’s impact — Minister
PAPAR, March 16 — The Domestic Trade and Cost of Living Ministry (KPDN) inspected 7,527 premises under Ops Kesan to monitor the impact of the...
Govt expected to generate over RM3 bln in additional revenue from service tax
KUALA LUMPUR, March 6 — The government is expected to collect RM3.45 billion in additional revenue from expanding the service tax’s scope and increasing the...
MPs suggest govt study tax impact on Malaysians
KUALA LUMPUR, March 5 — The government has been advised to study the implementation of taxes, including the new rate of the service tax, which...
Improving existing tax system best approach in current situation — Minister
KUALA LUMPUR, March 5 — Improvement the sales and service tax (SST) is an immediate step which enabled the government to focus on existing approaches...
2023 economic resilience supports property market growth trajectory — Knight Frank
KUALA LUMPUR, Jan 8 — The residential property market improved in the first nine months of 2023, with both transaction volume and value registering a...
Perodua expects to exceed 2022 sales target
RAWANG, July 6 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects 2022 to be a bumper year as its sales and accumulated bookings received in...