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GOODS and Service Tax (GST) is tax on what is spent and not on what is earned. Earlier on March 30, 2010, Prime Minister Datuk Seri Najib Tun Razak unveiled the New Economy Model (NEM) and it recognises that a wider tax base is an important part of reforms, where the introduction of GST is a key component. It was reported that a more diversified tax base is needed to compensate for an expected future reduction in the share of revenue from oil and gas.
KUALA LUMPUR: The Customs Department has conducted a simulation exercise to test the impact of the goods and services tax (GST) and found that traders have no reason to increase price indiscriminately.
GENEVA (Reuters) - The World Health Organization will send teams of experts to test the Ebola-preparedness measures at Ivory Coast and Mali's borders with countries affected by the epidemic, WHO's health security response chief Isabelle Nuttall said on Thursday.
GENEVA (Reuters) - The World Health Organization will send experts to test the Ebola-preparedness measures in Ivory Coast and Mali, the two countries at greatest risk of being the next to be affected by the epidemic, WHO's health security response chief Isabelle Nuttall said on Thursday.