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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.
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.
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.
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”.
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.
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.
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.