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Today we publish the first of a series of four weekly articles on the issue related to goods and service tax (GST) and its impact on selected industries and services. In the first instalment, Bhupinder Singh discusses the impact of the tax on financial institutions in Malaysia.
Christmas Island is heaven on earth for crabs here. They are a protected species and killing a crab could cost you RM3,000 in fines!
KEEP Malaysia's Goods and Service Tax (GST) simple. Use a single tax rate and do not allow too many exemptions. That's the advice to the Government from two academics who said Malaysia should adopt a model similar to New Zealand's when it implements the consumption tax in 2007.
The public will be able to give their views on how the proposed Goods and Services Tax (GST) should be implemented to a panel set up to review the country's tax code.