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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.
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.
Money
Government cancels high-value goods tax implementation - MOF
KUALA LUMPUR - The government has decided not to proceed with the implementation of the high-value...
Amira also called on the government to provide a clear and detailed explanation of its long-term plans for SST. Photo source: Amira Aisya Abd Aziz
Amira also called on the government to provide a clear and detailed explanation of its long-term plans for SST. Photo source: Amira Aisya Abd Aziz
National
SST expansion lacks planning, burdens youth and middle-income groups - Amira Aisya
SHAH ALAM - Muda acting president, Amira Aisya Abdul Aziz has slammed the Federal Government's...
Some 11,300 dollar millionaires exited London in 2024, found the annual World's Wealthiest Cities Report published by advisory firm Henley & Partners and data intelligence company New World Wealth. (Photo by BENJAMIN CREMEL / AFP)
Some 11,300 dollar millionaires exited London in 2024, found the annual World's Wealthiest Cities Report published by advisory firm Henley & Partners and data intelligence company New World Wealth. (Photo by BENJAMIN CREMEL / AFP)
Money
Number of millionaires in London falls as wealthy flee
LONDON - Thousands of millionaires fled London in the past year with some moving to the United...
Photo for illustration purposes only. - BERNAMA FILE PIX
Photo for illustration purposes only. - BERNAMA FILE PIX
National
Foreign workers' EPF contributions key to economic growth - Economist
SHAH ALAM - Economic recognition for foreign workers could bring numerous advantages, according to...
Photo for illustration purposes only.
Photo for illustration purposes only.
National
Budget 2025 expected to tackle rising cost of living for M40 group
SHAH ALAM - The government is expected to introduce initiatives in Budget 2025 aimed at alleviating...
Pix for illustration purpose only. - FILE PIX
Pix for illustration purpose only. - FILE PIX
Opinions
Dubai Move: Political intrigue or deja vu?
RUMOURS reached a crescendo in December, culminating in the dawn of 2024, as the media unveiled the...
The government, which is drafting a new legislation to implement the High-Value Goods Tax at a rate of 5-10 per cent for certain high-value items, aims to increase its revenue by imposing the tax on the rich who can afford such products. Photo for illustrative purposes only - 123RF
The government, which is drafting a new legislation to implement the High-Value Goods Tax at a rate of 5-10 per cent for certain high-value items, aims to increase its revenue by imposing the tax on the rich who can afford such products. Photo for illustrative purposes only - 123RF
National
High-value goods tax imposed on the rich who can afford such products - Ahmad Maslan
KUALA LUMPUR - The government, which is drafting a new legislation to implement the High-Value Goods...
Photo for illustration purposes only - Photo by 123RF
Photo for illustration purposes only - Photo by 123RF
COMMENTARY
Capital gains tax and social justice
WITH the unveiling of the Finance Bill 2023 in the Parliament, the proposed form of capital gains...
Datuk Seri Anwar Ibrahim. - Bernama Photo
Datuk Seri Anwar Ibrahim. - Bernama Photo
National
Anwar to wind up Budget 2024 debate in Parliament tomorrow
KUALA LUMPUR - Prime Minister Datuk Seri Anwar Ibrahim, who is also the Minister of Finance, is...
Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, is scheduled to wrap up the policy-level debate of the Finance Ministry's Supply Bill 2024 in parliament tomorrow. - BERNAMA
Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, is scheduled to wrap up the policy-level debate of the Finance Ministry's Supply Bill 2024 in parliament tomorrow. - BERNAMA
National
PM Anwar to wind up Budget 2024 debate in Parliament tomorrow
KUALA LUMPUR - Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, is...
New
Photo: HAMZAH ZAINUDIN / FACEBOOK
Photo: HAMZAH ZAINUDIN / FACEBOOK
Axed Hamzah makes first move with tea session alongside Pas, Bersatu and former party...
Kuala Lumpur Police Chief Datuk Fadil Marsus - BERNAMA FILE PIX
Kuala Lumpur Police Chief Datuk Fadil Marsus - BERNAMA FILE PIX
Post-mortem reveals 89 injuries on woman killed by husband in Kepong
Photo for illustration purposes only.
Photo for illustration purposes only.
Body of pregnant woman found in a pool of blood, husband detained in Kota Tinggi
Photo for illustration purposes only.
Photo for illustration purposes only.
Vehicles entering KL expected to nearly double ahead of CNY
Bank Islam’s Officer-in Charge and Group Chief Business Officer – Retail Banking, Mizan Masram (back, centre), posing for a group photo with the winners at the Bank Islam Mega Financing and Al-Awfar 2025 Prize Presentation Ceremony at Menara Bank Islam on Monday. - Photo by MOHD HALIM ABDUL WAHID
Bank Islam’s Officer-in Charge and Group Chief Business Officer – Retail Banking, Mizan Masram (back, centre), posing for a group photo with the winners at the Bank Islam Mega Financing and Al-Awfar 2025 Prize Presentation Ceremony at Menara Bank Islam on Monday. - Photo by MOHD HALIM ABDUL WAHID
RM1 million boost for retirement: Sabah executive’s unexpected win
Most Popular
Child opens car door, causes accident involving six vehicles along Jalan Tun Razak
A child inadvertently caused a road accident after opening a car door in open traffic, leading to two motorcycles crashing into each other.
A child inadvertently caused a road accident after opening a car door in open traffic, leading to two motorcycles crashing into each other.
New forensic review challenges Kurt Cobain's suicide ruling, says 'this is a homicide'
Kurt Cobain
Kurt Cobain
Federal Court reinstates Isa Samad's conviction and sentence, issues warrant of committal
Former Felda chairman Tan Sri Mohd Isa Abdul Samad has been ordered to begin serving a six-year prison sentence from Tuesday.
Former Felda chairman Tan Sri Mohd Isa Abdul Samad has been ordered to begin serving a six-year prison sentence from Tuesday.
Malaysians still drawn to charm of reading physical books
The Reading Profile of Malaysians 2022/2023 study by the National Library of Malaysia recorded a positive shift in reading trends among Malaysians, who crave a variety of information in line with changing lifestyles and current technological developments. - Bernama photo
The Reading Profile of Malaysians 2022/2023 study by the National Library of Malaysia recorded a positive shift in reading trends among Malaysians, who crave a variety of information in line with changing lifestyles and current technological developments. - Bernama photo
Sultan Selangor’s decrees a wake-up call for law, harmony and sustainability
Sultan Selangor Sultan Sharafuddin Idris Shah (Photo from Selangor Royal Official)
Sultan Selangor Sultan Sharafuddin Idris Shah (Photo from Selangor Royal Official)
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