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#Budget2024: Your Karaoke Sessions Are Gonna Get Costlier

This is due to a 2% increase in service tax as announced in the Budget 2024.

By Sadho Ram — 13 Oct 2023 — Updated about 1 year ago

Cover image via PARLIMEN MALAYSIA (YouTube)

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Prime Minister Datuk Seri Anwar Ibrahim, who also holds the Finance portfolio, while announcing Budget 2024 in parliament today, 13 October, stated that the government will increase service tax

The service tax will be increased from the current 6% to 8%.

According to Anwar, this will not involve the food and beverage (F&B) industry and telecommunications.

Affected industries include logistics, brokerage, underwriting, and karaoke

Anwar said that the difficult "tax reforms" are necessary to ensure the quality of services.

Stay tuned for our overview story of #Budget2024

Image via SAYS

Check out more #Budget2024 stories here:

#Budget2024: 5-10% Tax On Luxury Items

This is not the first time Datuk Seri Anwar Ibrahim's administration has suggested a 'luxury goods tax'.

says.com

#Budget2024: RM2.4 Billion Allocated To Build, Repair & Maintain Civil Servants' Quarters

This includes quarters for hospital staff, teachers, policemen, soldiers, and firefighters.

says.com

#Budget2024: Rebate On Electricity Bill Up To RM40 A Month For Hardcore Poor Families

The rebate will benefit 142,000 households.

says.com

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