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KUALA LUMPUR, Sept 25 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.
KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.
KUALA LUMPUR, Sept 21 (Bernama) -- Tenaga Nasional Bhd (TNB) is projected to absorb RM120 million to RM150 million in extra costs over September-December 2026 from expanded government exemptions for residential users from automatic fuel adjustment (AFA), retail charges, and sales and service tax.
KUALA LUMPUR, Sept 18 (Bernama) -- Tenaga Nasional Bhd (TNB) will provide between RM120 million and RM150 million in support for electricity bill protection between September and December 2026, said its president and chief executive officer Datuk Shamsul Ahmad.
KUALA LUMPUR, Sept 15 (Bernama) -- Electricity consumers have received rebates totalling RM3.1 billion since the introduction of the Automatic Fuel Adjustment (AFA) mechanism on July 1, 2025, compared to surcharges of RM800 million imposed during the same period, said Tenaga Nasional Bhd (TNB).
KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.
KUALA LUMPUR, Aug 21 (Bernama) -- The SME Association of Malaysia (SME Malaysia) has called for Budget 2027 to focus on measurable outcomes, not merely grants, financing and incentives, with success judged by productivity, investment, growth and competitiveness.
KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, Aug 20 (Bernama) -- Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.
KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.
By Niam Seet Wei
KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.
PUTRAJAYA, Aug 18 (Bernama) -- The government is prepared to study a proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Service Tax (SST) to ensure the country's taxation system is more progressive, said Prime Minister Datuk Seri Anwar Ibrahim.
