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PETALING JAYA: A day before Budget 2020, the World Bank has recommended that the government broaden the coverage of items under the sales and service tax (SST) and expand personal income taxes, among potential measures to diversify Malaysia’s sources of revenue.
KUALA LUMPUR: Strategic assets would never be sold if Barisan Nasional was still administering the country, said former premier Datuk Seri Najib Razak.
KUALA LUMPUR: The government needs to diversify and increase its revenue resources, including widening coverage of the sales and services tax (SST) to rebuild fiscal buffers, says the World Bank Group.
JOHOR BARU: With Budget 2020 expected to be tabled in Parliament tomorrow by Finance Minister Lim Guan Eng, many locals are hopeful for some “goodies” to help ease their financial burdens.
KUALA LUMPUR: Government revenue under the Sales and Service Tax (SST) is expected to surpass collection under the Goods and Services Tax (GST), said Prime Minister Tun Dr Mahathir Mohamad.There is no reason for the government to reintroduce the Goods and Services Tax (GST) as frequent changes
PETALING JAYA: If the Sales and Service Tax (SST) is to stay, the government must widen its tax net to match the income collected under the Goods and Services Tax (GST) regime, say economists and tax practitioners.
ALMOST everybody has come out with a wish list for this Friday’s Budget 2020.
KUALA LUMPUR: The Government's revenue collected from the Sales and Service Tax (SST) is expected to surpass what was collected from the Goods and Services Tax (GST), says Prime Minister Tun Dr Mahathir Mohamad.
Kuala Lumpur: If Pakatan Harapan revives the Goods and Services Tax (GST), former minister Datuk Seri Ahmad Maslan has offered to be a consultant to the government for free.
KUALA LUMPUR: The government will likely present an expanded budget this Friday to temper a weak economic outlook, as it grapples with global recession fears, the protracted US-China trade war and a large debt pile left behind by its predecessors.