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Budget 2022 initiatives to drive Malaysia's EV sector ahead

Budget 2022 initiatives to drive Malaysia's EV sector ahead

The government's incentives to boost the electric vehicles (EV) sector, including full exemption of import duties, excise duties and sales tax is set to catalyse demand and electrify the EV market.
Thu Nov 11 2021
Budget 2022: EV gets boost from exemption of various taxes

Budget 2022: EV gets boost from exemption of various taxes

The government has decided to give full exemption of import duty, excise duty, as well as sales tax for electric vehicles (EVs) as it seeks to support the local EV industry.
Fri Oct 29 2021
Full exemption of entertainment tax for theme park entrance tickets in Selangor

Full exemption of entertainment tax for theme park entrance tickets in Selangor

The state government agreed to reduce the entertainment tax rate from 25 per cent to five per cent on every entrance ticket for five years.
Tue Feb 02 2021