Tax hike on certain services, essentials unaffected - minister
Published: Feb 28, 2024 11:54 AM | Updated: Feb 29, 2024 8:51 AM
The upcoming service tax hike only affects discretionary services and business-to-business (B2B) activities, said Finance Minister II Amir Hamzah Azizan.
He said the specification is to ensure people are not burdened with higher consumption tax rates, especially for essential services such as food and beverage, parking, telecommunications, and logistics.
“To ensure a successful economic transformation...
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