tags - Sinar Daily

Economists warn that while Budi95 provides short-term relief, it may not be sustainable in the long run. Photo: Edited via Canva

The targeted RON95 subsidy is expected to be rolled out by the end of this month, in line with Prime Minister Datuk Seri Anwar Ibrahim’s promise. - BERNAMA FILE PIX

The bank also said the government is unlikely to explore reintroducing the goods and services tax (GST) in Budget 2026 in view of the external headwinds. - 123RF photo

Malaysia officially became an ageing nation in 2021, when the proportion of those aged 65 and above reached seven per cent of the total population. - Bernama photo for illustration purpose only

The MOF said the SST expansion is targeted and includes certain facilities and exemptions as mitigation measures to ensure that the tax burden is fairly distributed and borne only by those who are capable. - Photo source: Canva

Perak KPDN urges consumers to stay alert to price changes following the reimplementation of SST and report any unreasonable hikes. (BERNAMA PHOTO)

An economist reportedly suggested raising the rate to between 60 and 75 per cent. - Photo edited via Canva

Prime Minister and Finance Minister, Datuk Seri Anwar Ibrahim, during the Second Meeting of the Fourth Session of the 15th Parliament at the Dewan Rakyat sitting in the Parliament Building today. - Bernama photo

In line with public health objectives, tax rates on vape products should be increased relative to cigarettes and heated tobacco sticks. A balanced tax framework can discourage uptake among youth, align with harm reduction goals for smokers and generate revenue for health programs. - Bernama photo for illustration purpose only

In the short term, economist said the tariff will raise the cost of Malaysian exports for non-exempted goods such as furniture, rubber products, palm oil derivatives and machines. - Bernama file photo for illustration purpose only