tags - Sinar Daily

The Finance Ministry (MOF) has assured that continuous improvements are being made to the Sumbangan Asas Rahmah (Sara) system to handle rising user traffic, particularly during long weekends and in the lead-up to the Malaysia Day celebrations. Photo by Bernama

The MOF said the SST expansion is targeted and includes certain facilities and exemptions as mitigation measures to ensure that the tax burden is fairly distributed and borne only by those who are capable. - Photo source: Canva

The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry. Photo: MoF website

An Orang Asli of the Mendriq tribe, Suria Kamarul, 24, from Kuala Lah, shows the status check for the Rahmah Basic Contribution (MySARA) via MyKad recently. Photo for illustrative purposes only - Bernama FILE PIX

The ministry said an engagement session had been held with the Ministry of Finance (MoF), the Public Services Commission (SPA) and the Public Service Department (JPA) to ensure the appointment process proceeded as planned. - Bernama file photo

In a written reply on the Parliament website yesterday, the MOF stated, however, that the principles of the HVGT have been incorporated into the revised sales tax structure, with luxury and discretionary items taxed at five or 10 per cent.

Companies and contractors that carry out contracts that do not allow for review will be granted a one-year exemption, subject to terms and conditions. - 123RF photo for illustration purpose only

The ministry clarified that the SST revisions effective July 1 do not include any change in the service tax applied to hotel accommodation or food and beverages (F&B) served at hotels.

Photo for illustration purposes only.

Photo for illustration purposes only.