PUTRAJAYA, June 20 — The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.
By Danial Dzulkifly SHAH ALAM, June 17 — Malaysia’s fiscal deficit has narrowed to 4.5 per cent of the national gross domestic product in the first quarter of 2025, down from 5.7 per cent in the same period last year. This is said to reflect improved revenue collection from the revised Sales and...
LUMUT, June 15 — The government is not ready to reintroduce the Goods and Services Tax (GST) as it would affect all segments of society, particularly the poor, said Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 4 — The service tax is only imposed if allied health services are provided outside premises that have been granted tax exemption approval, said the Finance Ministry (MOF).
KUALA LUMPUR, Oct 13 — The government will only implement the Goods and Services Tax (GST) if minimum wage rises to between RM3,000 and RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Sept 25 — More light is expected to be shed on the subsidy rationalisation of RON95 and whether the government is looking to reintroduce the goods and services tax (GST) in Budget 2025, said RHB Investment Bank Bhd (RHB IB).
VLADIVOSTOK, Sept 5 — Malaysia will continue oil explorations within its territory, despite China’s demand for Malaysia to cease its activities off Sarawak waters, said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, Aug 29 — The government has no plans to introduce a broad-based consumption tax, particularly the Goods and Services Tax (GST), as an alternative to removing subsidies for RON95 petrol, said Communications Minister Fahmi Fadzil.
KUALA LUMPUR, July 10 — The collection of consumption-based tax revenue has decreased following the re-implementation of the sales and service tax (SST) to replace the Goods and Services Tax (GST), according to the Finance Ministry (MoF).
KUALA LUMPUR, March 5 — Improvement the sales and service tax (SST) is an immediate step which enabled the government to focus on existing approaches to increase revenue and Malaysia's fiscal position, while simultaneously not burdening the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
SIBU, Sept 6 — The government has not reached a stage where it would need to reintroduce the goods and services tax (GST), said Deputy Finance Minister I Datuk Mohd Shahar Abdullah.
KUALA LUMPUR, June 8 — Malaysia’s monetary policy remains accommodative of the country’s economy just not at the level required during the height of the pandemic as the gradual hike in the overnight policy rate (OPR) from its historical low of 1.75 per cent to 2.0 per cent will allow the market to...
BY NAZLI IBRAHIM SHAH ALAM, AUG 29: A total of 82% of respondents agreed that the Goods and Service Tax (GST) is the main reason for the increasing cost of living. The finding was obtained from the 2017 Malaysian Survey, #MoodRakyat – Malaysian Communities’ Trend on Current Issues Survey conducted...
BY ERMIZI MUHAMAD PETALING JAYA, JUL 28: The Petaling Jaya City Council (MBPJ) has denied customs’ allegations that the local authority had submitted dubious documents in the second phase of its Goods and Service Tax (GST) claims. Its Mayor, Dato’ Mohd Azizi Mohd Zain said, the documents submitted...
BY LIZAWATI MADFA SHAH ALAM, JUL 28: The State Government is in the process to resolve the outstanding Goods and Service Tax (GST) claims by all 12 local authorities. Dato’ Menteri Besar, Dato’ Seri Mohamed Azmin Ali said, Selangor Treasury has been asked to contact all local authorities to ensure...
BY NORHAYATI UMOR SHAH ALAM, JUNE 19: The Royal Malaysian Customs Department (JDKM) has cancelled the goods and service tax (GST) on over 60 food items which was earlier expected to take effect this July 1. Its Director, Datuk Subromaniam Tholasy said, the matter refers to GST Tax Order (Zero-rated...
SHAH ALAM, JUNE 19: More than 60 types of food will be imposed with the Goods and Service Tax (GST), beginning July 1.
BY: NORHAYATI UMOR SHAH ALAM, MAR 9: The Federal Government can abolish the Goods and Service Tax (GST) as it gets more that RM20 million savings from cooking oil and sugar subsidy rationalisation. The DAP Secretary General, Lim Guan Eng said the savings from the subsidy cut would make up for the...
BY: NAZLI IBRAHIM SHAH ALAM, JAN 15: The Goods and Services Tax (GST) will be abolished if the opposition coalition forms the Federal Government after the 14th General Election. Parti Pribumi Bersatu Malaysia (PPBM) Chairman Tun Dr Mahathir Mohamad said the tax will be replaced by sales tax at a...
BY: NAZALI IBRAHIM KUALA LUMPUR, OCT 25: The Federal Government was challenged to increase the Goods and Services Tax (GST) before the 14th General Election (GE14) if they are confident the tax will not affect the rakyat’s lifestyle. The challenge was thrown by Bayan Baru Member of Parliament (MP)...
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