Friday, August 13, 2021

GST

GST reintroduction: YAY or NAY?

KUALA LUMPUR: Three years after the Goods and Services Tax (GST) was abolished in Malaysia, the country is now back at the juncture of organisations asking for the tax to be reintroduced. Are we going on the merry-go-round of endless...

Govt may need to impose ‘windfall tax’ on companies recording extraordinary profits

KUALA LUMPUR: The government may need to impose a windfall tax on companies that recorded extraordinary profits during the Covid-19 pandemic, said former prime minister Tun Dr Mahathir Mohamad. According to him, the tax will enable the government to increase...

MOF undertaking study to widen revenue base including reinstating GST

KUALA LUMPUR: The Ministry of Finance (MOF) is currently undertaking a study on how to widen Malaysia’s revenue base which include reinstating goods and services tax as well as reviewing the tax incentive packages to further consolidate them and...

Abolishment of GST affected nation’s revenue

KUALA LUMPUR: The previous government's decision to abolish the Goods and Services Tax (GST) has to some extent affected the country's revenue, said Deputy Finance Minister I Datuk Abd Rahim Bakri. He said this was because the country faced a...

‘Aye’ to reintroduction of GST

KUCHING: The government’s plan to reintroduce the Goods and Services Tax (GST) has generally received a positive response from the people.  However, members of the public have urged for consideration to be given to the timing and effect of its...

Committee to study reinstatement of GST

KUALA LUMPUR: The Ministry of Finance (MOF) has set up a committee to study various revenue enhancing measures, including the possibility of reintroducing the Goods and Services Tax (GST), according to Maybank Investment Bank (Maybank IB) Research. In a note...

I never told Willie to be silent: DAP man

KUCHING: Subang MP Wong Chen has refuted a claim by his former Parti Keadilan Rakyat (PKR) colleague MP Willie Mongin on the findings of the Public Accounts Committee (PAC). Wong said he never instructed Willie to remain silent about the...
- Advertisement -spot_img

Latest News

GST reintroduction: YAY or NAY?

KUALA LUMPUR: Three years after the Goods and Services Tax (GST) was abolished in Malaysia, the country is now...
- Advertisement -spot_img