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PETALING JAYA: The implementation of Goods and Services Tax (GST) should be postponed until the Government fixes the leakages highlighted in the Auditor-General’s Report, said PAS deputy president Mohamad Sabu.
PETALING JAYA: The Government will be reaching out to the rakyat to explain how the Goods and Services Tax (GST) will be implemented from April 2015.
The goods and services tax (GST) will replace the sales and services tax (SST). The rationale to introduce the GST is aimed at streamlining the present tax structure to make it more tax efficient, effective, transparent and business friendly.
THE Goods and Services Tax (GST) is poised to be a game changer for the economy, say economists.
PETALING JAYA: Consumer groups have come out in support of the 6% goods and services tax (GST) announcement by Prime Minister Datuk Seri Najib Tun Razak during his Budget 2014 speech on Friday.
PETALING JAYA: Agreeing with the need to introduce the goods and services tax (GST), the Centre for Public Policy Studies (CPPS) recommends for the GST to start at 5% and for the government to commit to a five-year timeline when introducing the consumption tax before reviewing it and possibly raising it by 2020.
KUCHING: The much talked about Goods and Services Tax (GST) will only be implemented next year, said Deputy Finance Minister Datuk Ahmad Maslan.