Providing guidance & support
Budget 2025: RON95 petrol subsidy cut to start mid-2025 – top 15% earners (T15) to pay more for fuel
The government plans to restructure the RON 95 petrol subsidy in mid-2025, shifting to a targeted subsidy, as announced by Prime Minister Datuk Seri Anwar Ibrahim during Budget 2025.
Read MoreBudget 2025: Auto Industry Wants Road Tax Exemption Incentive For EVs Extended
Automotive industry players are seeking a deadline extension for the full road tax exemption incentive for electric vehicles (EVs) and for it to be extended to hybrid electric vehicles (HEVs)
Read MoreBudget 2025: No mention of EV tax break extension; Perodua working on sub-RM100k EV
In Budget 2025, Datuk Seri Anwar Ibrahim announced Perodua's sub-RM100k EV. CBU EV tax breaks and free road tax will end in 2025, with only CKD EVs tax-free from 2026. Perodua's emo-1 EV concept hints at a launch next year.
Read More