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Business

Economic Report 2013/2014: GST aimed at simplifying consumption tax system

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.

Business

Budget 20014: Start GST at 5%, says CCPS

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.

Nation

Budget 2014: Two sides of the GST coin

PETALING JAYA: Both bouquets and brickbats will be hurled at the goods and services tax (GST) if it is introduced in this Friday’s budget.

Nation

No GST unless household income at least RM4,000 a month, says Opposition

KUALA LUMPUR: Pakatan Rakyat insists the goods and services tax (GST) not be implemented unless the minimum national household income is at least RM4,000 per household a month.

Nation

Monitor GST to prevent profiteering, says Chua

PETALING JAYA: The authorities must provide clear information on the abolition of the Sales and Service Tax (SST) which would be replaced by the Goods and Services Tax (GST), MCA Young Professionals Bureau chairman Datuk Chua Tee Yong said.

Nation

'Fears over GST unfounded'

PETALING JAYA: The public’s fears over the goods and services tax (GST) are unfounded as they would pay less compared to the current sales and service tax (SST), Malaysian Association of Tax Accountants (Mata) president Abd Aziz Abu Bakar said.

Business

Fiscal reforms for sustainable growth

THE call for Malaysia to expedite structural reforms to rebalance its economy and strengthen its public finances has grown increasingly louder in recent weeks following Fitch Ratings’ downgrade of the country’s credit outlook from “stable” to “negative”.

Nation

Ali Hamsa warns of action against civil servants who continue politicking

KUALA LUMPUR: Chief Secretary to the Government Tan Sri Dr Ali Hamsa on Tuesday warned of action against civil servants who continue to engage in politicking.

Nation

GE13: Those who need to travel should also get the following day off, says Cuepacs

KUALA LUMPUR: Civil servants who are rostered to work on polling day on May 5, or have to travel a distance to vote, should be given the day off, said Cuepacs president Datuk Omar Osman.

Nation

Civil servants to get early annual increments in July

PUTRAJAYA: Civil servants will get their annual increments very early this year. All civil servants will get increments effective July 1 – about a month before Hari Raya Aidilfitri which is expected to fall on Aug 8.