This is due to a 2% increase in service tax as announced in the Budget 2024.
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Prime Minister Datuk Seri Anwar Ibrahim, who also holds the Finance portfolio, while announcing Budget 2024 in parliament today, 13 October, stated that the government will increase service taxAccording to Anwar, this will not involve the food and beverage industry and telecommunications.Anwar said that the difficult"tax reforms" are necessary to ensure the quality of services.
#Budget2024: 5-10% Tax On Luxury Items This is not the first time Datuk Seri Anwar Ibrahim's administration has suggested a 'luxury goods tax'. Read the full story #Budget2024: RM2.4 Billion Allocated To Build, Repair & Maintain Civil Servants' Quarters This includes quarters for hospital staff, teachers, policemen, soldiers, and firefighters.
Read the full story #Budget2024: Rebate On Electricity Bill Up To RM40 A Month For Hardcore Poor Families The rebate will benefit 142,000 households.
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