Banks confirm basic services unaffected by new service tax in Malaysia
KUALA LUMPUR: Major banking associations in Malaysia have reassured the public that essential banking services will remain exempt from the expanded service tax set to take effect on July 1, 2025. The clarification comes after the recent gazetting of new service tax regulations. In a joint statement, the Association of Banks in Malaysia (ABM), the… Continue reading Banks confirm basic services unaffected by new service tax in Malaysia