Malaysia overtakes Thailand as ASEAN's second-biggest auto market
Sales tax exemptions for domestically produced vehicles provided a tailwind for the national car brands Perodua and Proton.
Fri May 17 2024
Dewan Negara passed five bills
The Dewan Negara today passed five bills related to the departure levy, sales tax, goods vehicle levy, windfall profit levy, and service tax.
Tue Aug 16 2022
Vehicle sales tax exemption deadline remains on June 30 - MoF
The deadline for the sales tax exemption for the purchase of passenger vehicles remains on June 30, 2022, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
Mon Jun 20 2022
Four more months to enjoy car sales tax exemption incentive - Tengku Zafrul
MOF under Budget 2022 had extended the car sales tax incentive exemption period until June 30, 2022.
Fri Feb 25 2022
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
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
Sarawak tax revenue from petroleum products to help those impacted by pandemic
The state has netted an extra RM6.8 billion which has been used for the benefit of the people.
Sun Oct 24 2021
Stronger vehicle sales forecast for first-half than second-half of 2021 - MAA
The extension of the sales tax exemption plays an important role in helping to spur vehicle sales in the first half of the year.
Fri Mar 26 2021
Vehicle sales tax exemption extended until June 2021 - MOF
The Ministry of Finance (MOF) has announced the extension of the vehicle sales tax exemption period by a further six months until June 30, 2021.
Tue Dec 29 2020
Vaccine supply, bill on temporary measures of govt financing for COVID-19 focus of Parliament's last day sitting
Parliament today will focus, among others, on the supply of COVID-19 vaccine from international pharmaceutical company, Pfizer.
Thu Dec 17 2020
MOF tables seven amendment bills for first reading
All the bills were tabled by Deputy Finance Minister II Mohd Shahar Abdullah.
Thu Dec 10 2020
Petronas, Sarawak to sign commercial settlement agreement on Dec 7
Petronas will sign a commercial settlement on the issues of the states sales tax and oil mining laws on Monday (Dec 7).
Thu Dec 03 2020
Petronas makes full payment of 2019 state sales tax to Sarawak - Abang Johari
The payment of SST by Petronas and its subsidiaries is the result of a settlement reached between Petronas, the Federal Government and the state government.
Thu Sep 17 2020
Dewan Rakyat approves 4 Finance Ministry motions
The Dewan Rakyat today approved four motions tabled by the Finance Ministry on government funding and taxation.
Thu Aug 27 2020
Debate on IPCC 2020 bill postponed to next Dewan Rakyat session
The second reading of the Independent Police Conduct Commission (IPCC) 2020 Bill scheduled at the Dewan Rakyat today has been postponed to the next session.
Thu Aug 27 2020