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Ewallet companies want SST exemption for digital financial services to be extended in Budget 2025

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The Association of E-Money Issuer has proposed the government consider extending the current sales and service tax exemption for digital financial services in Budget 2025 to sustain the industry’s growth.

"The association recognises the government’s efforts to broaden the tax base for national development and trusts that these initiatives will continue to support the expansion of cashless services.

 

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E-wallet industry pushes for extended SST exemption in Budget 2025 to drive cashless growthKUALA LUMPUR, Oct 7 — The Association of E-Money Issuer (AEMI) has proposed the government consider extending the current sales and service tax (SST) exemption for digital...
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