GST

The Anti-Profiteering Act made it hard for Mydin to increase the price of its products due to the tedious process, says Ameer.

Mydin clarifies that losses were due to weaker currency

KUALA LUMPUR: The weaker ringgit against the US dollar was the main factor for losses incurred by Mydin Mohamed Holdings Bhd in 2016, and not the implementation of the goods and services tax (GST) or government policies.

Treasury quashes rumour on GST hike

KUALA LUMPUR: The Government has no intention of increasing the existing 6% Goods and Services Tax (GST) in Budget 2017 which will tabled by Prime Minister Datuk Seri Najib Tun Razak tomorrow.

Firm denies failing to file GST returns

GEORGE TOWN: A motorcycle spare part company and three of its directors have been charged in a Sessions Court here with failure to file the company’s Goods and Services Tax (GST) returns with the Customs Department.

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  • Latest Stories
It took him more than two years, but Indian Prime Minister Narendra Modi has finally discovered the art of the deal.

How India's GST deal was done

NEW DELHI: It took him more than two years, but Indian Prime Minister Narendra Modi has finally discovered the art of the deal.

10 August 2016 | 8:08AM |

Economy

Najib called on the people not to be swayed  by claims by certain quarters that the country was riddled with huge debts.

PM says federal govt debt still manageable

KUALA KANGSAR: The Federal government debt is manageable and far smaller than that of developed countries like the US and Japan, says Prime Minister Datuk Seri Najib Tun Razak.

10 June 2016 | 2:56PM |

Economy

Little gems: Najib and his wife Datin Seri Rosmah Mansor, who is Permata patron, launching the Permata International Conference at the Putra World Trade Centre in Kuala Lumpur.
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Returning GST to people

PUTRAJAYA: Both the RM27bil collected from the Goods and Services Tax (GST) in 2015 as well as the RM39bil expected this year will be given back to the people in the form of major projects and infrastructure construction, said the Prime Mini­ster.

1 June 2016 | 12:00AM |

Government

Customs checking online traders

KUALA LUMPUR: Some 30,000 online businesses have come under scrutiny of the Customs Department for not registering under the Goods and Services Tax (GST).

1 June 2016 | 12:00AM |

Government

Chua dismisses GST hike speculation

KUALA LUMPUR: Deputy Finance Minister Datuk Chua Tee Yong has refuted allegations that there was a plan, discussions or suggestion by the government to increase the Goods and Services Tax (GST) rate from six per cent currently.

12 May 2016 | 5:09PM |

Corporate News

When does GST apply to individuals who own properties?

IT has always been clear that it is the responsibility of those in business to register for GST and collect the tax, however, recent guidance released by the authorities could bring private individuals, who would not consider that they are in business, into the mix.

25 April 2016 | 12:00AM |

Corporate News

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