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OTTAWA (Reuters) - Canada's opposition Conservatives on Friday promised to balance the budget in five years without slashing government jobs if they win an election this month, but the ruling Liberals insisted the pledge would result in painful cuts.
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.
QUITO (Reuters) - Ecuador's transport unions on Friday called off protests against the scrapping of fuel subsidies by President Lenin Moreno after two days of unrest that halted transport nationwide and resulted in almost 370 arrests.
PETALING JAYA: Civil servants must incorporate discipline, integrity and transparency in their work culture in order to have a clean and efficient administration, says the Malaysia Unity Foundation.
Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around €30bil, in an attempt to break into China's growing but tightly-controlled music market.
WASHINGTON: Pakistan needs to mobilise domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a meeting with Pakistani Prime Minister Imran Khan
A TAX officer went to buy a bicycle for his kid. The seller asked if he would like to get a receipt and pay the tax, which will result in higher price, or buy the bicycle without the receipt and purchase it at a lower price. So, the tax inspector paused and thought for a moment on, “What should I do?”
NEW DELHI: India’s economy is set for a major boost if Prime Minister Narendra Modi follows through with key campaign promises following his party’s sweeping election victory.
PETALING JAYA: The International Air Transport Association (IATA) has expressed disappointment with the passing of the Departure Levy Bill by Dewan Rakyat, and is urging for its implementation to be reconsidered.
ONE of the most hated tax is the “inheritance tax” which hardly anyone pays in many countries. An inheritance tax, sometimes referred to as an estate tax, may apply to that accumulated amount so that the government can still get a piece of the action even after the family has held a wonderful service for the one who passed away.