BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Budget 2025’s New Consumption Taxes & Why GST Outshines SST

Budget 2025’s New Consumption Taxes & Why GST Outshines SST

Geeta Balakrishnan, Tax Director, PwC Malaysia

23-Oct-24 12:00

Budget 2025’s New Consumption Taxes & Why GST Outshines SST

What’s new in consumption taxes in Budget 2025, and why is GST considered more efficient than SST? In this episode of Enterprise Explores, we unpack the key consumption tax measures from Malaysia’s 2025 Budget and their potential impact on businesses.

From the expansion of Sales and Service Tax (SST) to premium foods, to new excise duties on sugary drinks, we break down what businesses need to know and prepare for.

Joining us is Geeta Balakrishnan, Tax Director at PwC Malaysia, to discuss the broader fiscal strategy behind these changes and how companies can navigate the evolving tax landscape.

We also dive into the ongoing debate between SST and GST, exploring which model might be more effective for Malaysia. Tune in to learn how these policies could shape your business operations.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economymanaginggovernmentfoodpersonal developmentfinancial wellnesssponsored content

Tags:  Budget-2025-Mahsing ⁠Budget 2025taxesconsumption taxsales and service taxsstgst





Play / Pause

Listen now : Best of Enterprise: (REPEAT)

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT)

12:00 PM

Just For Kicks

(REPEAT)

1:00 PM

A Bit of Culture

(REPEAT) Marion D'Cruz and Michael Gong join Kam Raslan to talk about talent, airport books and belonging.

2:00 PM

Ringgit & Sense

(REPEAT)

2:30 PM

The Property Show

(REPEAT)

3:00 PM

Best of The Bigger Picture

(REPEAT)

4:00 PM

Best of Evening Edition

(REPEAT)

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.