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KUALA LUMPUR: Goods and Services Tax (GST) refund claimants are advised to update their particulars in the Taxpayers Access Point (TAP) to enable the Royal Malaysian Customs Department to facilitate the repayment process.
KUALA LUMPUR (Bernama): The Finance Ministry through the Royal Malaysian Customs Department is committed to ensuring that the Goods and Services Tax (GST) refund to taxpayers will be expedited, with payments to be made beginning June 22.
IN late May, The Star ran a story on the closure of George Town’s iconic 84-year-old See Kong Ooi restaurant. After weeks of grappling with the Covid-19 pandemic, third-generation owner Peter Tan said he had not been able to fend off the effects of being closed since March 18 due to the movement control order (MCO).
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to increase to between 5.8% and 6% of GDP this year following the implementation of the government’s stimulus programmes to offset the severe fallout from the Covid-19 pandemic.
PETALING JAYA: Crude oil prices continue to rise as demand is expected to improve as more countries are opening their economies after months of lockdown due to coronavirus disease (Covid-19) pandemic.
PETALING JAYA: While the automotive sector may have received a shot in the arm in the form of a sales tax exemption, it might not be enough to cause consumers to make a dash for car showrooms.
KUALA LUMPUR: The exemption of sales tax for locally assembled cars and the lowering of the tax for imported cars will see buyers saving several thousand ringgit to more than RM10,000 in their purchases from June 15 until the end of the year.