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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
Tan Sri Annuar Musa. Bernama FILE PIX
Tan Sri Annuar Musa. Bernama FILE PIX
Matters between Pas, Bersatu progressing well - Muafakat Nasional chairman
Muhyiddin
Muhyiddin
Muhyiddin resigns as Perikatan Nasional chairman, effective Jan 1, 2026
Tan Sri Muhyiddin Yassin
Tan Sri Muhyiddin Yassin
Muhyiddin reportedly offers to step down as PN chief
Six residential units at the National Garden Apartment Flats on Jalan Sultan Nazrin Shah were almost completely destroyed, while four terrace houses at Kampung Kuala Pari Hilir near Menglembu were damaged in two separate fires on Monday.
Six residential units at the National Garden Apartment Flats on Jalan Sultan Nazrin Shah were almost completely destroyed, while four terrace houses at Kampung Kuala Pari Hilir near Menglembu were damaged in two separate fires on Monday.
Fire destroys six flat units and four terrace houses in Ipoh
Photo: IOM
Photo: IOM
Fire at Rohingya camp in Bangladesh damages dozens of shelters: UN migration agency
Most Popular
'First case in my almost 50-year career, I lost every single point' - Shafee
Lawyer Tan Sri Muhammad Shafee Abdullah during a press conference after the High Court sentenced former prime minister Datuk Seri Najib Razak to 15 years' jail and imposed a total fine of RM11.4 billion after finding him guilty on four counts of abuse of power and 21 counts of money laundering involving RM2.3 billion in funds linked to 1MDB. - Bernama photo
Lawyer Tan Sri Muhammad Shafee Abdullah during a press conference after the High Court sentenced former prime minister Datuk Seri Najib Razak to 15 years' jail and imposed a total fine of RM11.4 billion after finding him guilty on four counts of abuse of power and 21 counts of money laundering involving RM2.3 billion in funds linked to 1MDB. - Bernama photo
Local engineer builds high-tech electronics capability
Azahar is also skilled in maintaining, restoring and reproducing complex high-tech electronic circuit board components that are no longer manufactured in their countries of origin - a task generally considered extremely challenging. - Bernama photo
Azahar is also skilled in maintaining, restoring and reproducing complex high-tech electronic circuit board components that are no longer manufactured in their countries of origin - a task generally considered extremely challenging. - Bernama photo
Johan and His Cats’ Jellybean dies suddenly, leaving fans mourning influencer feline
News about Jellybean was shared by Johan via Instagram on Monday.
News about Jellybean was shared by Johan via Instagram on Monday.
What we know so far about the alleged baby abuse case in Taman Desa Petaling
The footage was shared by a Threads user @liyanazulkifli__, who claimed that her child and several other babies were victims. - Photo: Threads / @liyanazulkifli__
The footage was shared by a Threads user @liyanazulkifli__, who claimed that her child and several other babies were victims. - Photo: Threads / @liyanazulkifli__
Muhyiddin reportedly offers to step down as PN chief
Tan Sri Muhyiddin Yassin
Tan Sri Muhyiddin Yassin
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