Malaysia’s Budget 2025 will be tabled later today, Friday, October 18 at 4pm by finance minister and prime minister Datuk Seri Anwar Ibrahim, and as with previous editions of the budget, we will be monitoring his speech for any matters related to the automotive and transport sector.
and its possible reintroduction in a bid to broaden the country’s tax base, but the prime minister stated last year that there were no plans for a GST return, although as yet it’s unclear what the tax rate, types of goods affected and set value threshold will be.
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