Ministry of Finance

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Ministry of Finance
Budget 2019: Malaysians Travelling Abroad Will Have To Pay Departure Levy
- 2nd November 2018
Malaysians will have to pay a new “departure levy” when they are travelling abroad starting 1 June 2019.
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Ministry of Finance
Dr M: New Taxes May Be Needed, Malaysia Now A “Small Kitten”
- 11th October 2018
Tun Dr Mahathir says that among other measures, new taxes may be introduced to pay off the government debt.
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Ministry of Finance
Prepaid Top Up Officially Exempt From SST Starting 6 September 2018
- 5th September 2018
Finance Minister Lim Guan Eng has announced prepaid reload are exempted from the 6% SST and ordered all telcos to implement the exemption.
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Ministry of Finance
GST To SST: Understanding The Facts And Figures
- 17th July 2018
A lot has been said about the coming change to the Sales and Services Tax (SST) from the current Goods and Services Tax (GST). Let's break down some of the facts and misconceptions.
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Ministry of Finance
Construction For The LRT 3 Project Continues After 47% Cut In Cost
- 17th July 2018
The government has approved the continuation of the LRT 3 Project after the total project cost was cut by 47%.
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Ministry of Finance
Guan Eng Announces 10% SST For Sales, 6% For Services
- 16th July 2018
The Finance Minister has announced that the bill setting the SST rate at 10% for sales and 6% for services is expected to be passed next month.
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Ministry of Finance
New Government Measures to Counter Rising Costs of Living
- 17th September 2015
Just two days ago, the government announced it wanted to help counter the rising cost of living and help stimulate the economy. We look at the measures in turn.
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Ministry of Finance
A Savings Account For Every Stage of Your Life
- 16th May 2014
You may know what a savings account is generally, but what is the difference between a basic savings account and a senior savings account? Read on to find out!
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EPF Releases Belanjawanku, An Expenditure Guide for Malaysians
Hayatun Razak
- 8th March 2019
The EPF and University of Malaya collaborated to create a comprehensive estimated guide to achieve an acceptable standard of living in Malaysia.
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GST To SST: Understanding The Facts And Figures
Pang Tun Yau
- 17th July 2018
A lot has been said about the coming change to the Sales and Services Tax (SST) from the current Goods and Services Tax (GST). Let's break down some of the facts and misconceptions.
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What Is The Malaysia Consumer Credit Act & Why Does It Matter To You?
Alex Cheong Pui Yin
- 4th October 2022
As consumers, you would definitely be familiar with credit cards, personal loans, hire purchase agreements (better known as […]
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MOF: Govt To Continue Tax Exemption For Foreign-Sourced Income
Alex Cheong Pui Yin
- 4th January 2022
The government has made a turnabout on its decision to begin taxing foreign-sourced income in Malaysia starting from […]