July 26, 2025

SST expansion 2025

Finance

Finance Ministry: SST expansion crucial, will make extra RM5b this year and double in 2026

KUALA LUMPUR, July 24 — The government expects to collect an additional RM5 billion in revenue during the second half of 2025 following the expansion of the Sales and Service Tax (SST) that came into effect this month. In a written parliamentary reply to Bagan MP Lim Guan Eng, the Ministry of Finance projected that

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