The Finance Ministry has widened the scope of service tax exemptions to logistics service providers and maintenance services, just one month after the Sales & Service Tax rate rose from 6% to 8%. The intention is to mitigate rising costs on the rakyat. Dr Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG explains the impact of such a decision/indecision.



Image Credit: Shutterstock.com

The Finance Ministry has widened the scope of service tax exemptions to logistics service providers and maintenance services, just one month after the Sales &amp; Service Tax rate rose from 6% to 8%. The intention is to mitigate rising costs on the rakyat. Dr Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG explains the impact of such a decision/indecision.Image Credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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