Taxes 2025 News. Bitter news for sugary drinks for the “war on sugar”, anwar says the government plans to gradually increase the excise duty on sugary drinks starting from january 1 by 40 sen per litre, from the current 50 sen. Malaysia’s budget 2025 aims to reinvigorate the economy through various tax reforms and tax measures impacting both businesses and individuals.

Prime minister anwar ibrahim is set to announce the government’s spending plan for 2025 in parliament on friday, aiming to balance fiscal consolidation and economic growth. The government is expected to introduce five new taxes in the 2025 budget, aimed at promoting healthier lifestyles and sustainable living.