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Nation 10 Oct 2014 | 5:22 PM

Budget 2015: Main points

KUALA LUMPUR: There will be no GST (goods and service tax) imposed on petrol (RON95), diesel, and LPG, while individual income tax payers will enjoy lower rates in Budget 2015 as announced by Prime Minister Datuk Seri Najib Tun Razak.

Nation 10 Oct 2014 | 12:00 AM

GST may not mean cheaper cars, warns MAA

PETALING JAYA: Car prices will not necessarily come down after the implementation of Goods and Services Tax (GST), said the Malaysian Automotive Asso­ciation (MAA).

Nation 08 Oct 2014 | 12:00 AM

‘Include more items in tax-exempt list’

PETALING JAYA: More items should be included in the list of zero-rated or tax-exempt goods to reduce the impact of the Goods and Services Tax (GST) on low and medium income earners, said 1Malaysia Foundation trustee Tan Sri Lee Lam Thye.

Economy 01 Oct 2014 | 12:00 AM

RAM: GST may push inflation up to 4% from 3.5% target this year

PETALING JAYA: Malaysia’s inflation rate could jump to between 3.8% and 4% next year as GST takes effect, up from a projected 3.5% this year, according to RAM Ratings. This could be aggravated by another round of fuel-price increases and electricity-tariff adjustments, as well as a 25 basis points hike in the overnight policy rate to 3.5% ahead of the new tax regime in April.

Economy 30 Sep 2014 | 11:15 AM

Higher inflation in 2015 on measures ahead of GST: RAM Ratings

KUALA LUMPUR: RAM Rating Services Bhd projects base-case inflation of 3.8% to 4.0% for 2015 compared to the 3.5% headline inflation expected this year.

Auto 17 Sep 2014 | 3:20 PM

GST likely to reduce price of Mercedes-Benz cars

SHAH ALAM: The introduction of the Goods and Services Tax (GST) next year is likely to reduce the prices of Mercedes Benz cars. Mercedes-Benz Malaysia Sdn Bhd vice president of sales and marketing, Kai Schlickum, said the company was still working on the pricing.

Business 16 Sep 2014 | 12:00 AM

IMF says govt has taken impressive efforts on public awareness of GST

THE Government has taken “unprecedented’ steps to ensure the smooth implementation of the Goods and Services Tax (GST) come April 2015, experts say.

Economy 15 Sep 2014 | 12:00 AM

Happy Malaysia Day

IN the cacophony assailing many parts of the world today, and where ills, tensions, warring and strife dictate much of daily life, we are living a life of plenty.

Business News 13 Sep 2014 | 12:00 AM

GST will not necessarily reduce car prices

The Alternative View: M. SHANMUGAM
THE Goods and Services Tax (GST) that will come into effect on April 1 is supposed to bring down car prices by between 1% and 3%.

Nation 10 Sep 2014 | 11:34 PM

GST will not burden Malaysians, assures Najib

KUALA LUMPUR: Malaysians have been assured that the Goods and Services Tax (GST), a progresive tax system to be implemented on April 1, 2015, will not burden them.