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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
The inquest into the death of Zara Qairina Mahathir resumes at the Coroner’s Court on Tuesday.
The inquest into the death of Zara Qairina Mahathir resumes at the Coroner’s Court on Tuesday.
Zara Qairina inquest resumes in Kota Kinabalu court
A grab of a video released by the Olympic Broadcasting Services shows Canadian Singer Celine Dion performing on the Eiffel Tower during the opening ceremony of the Paris 2024 Olympic Games, in Paris, on July 26, 2024. AFP FILE PIX
A grab of a video released by the Olympic Broadcasting Services shows Canadian Singer Celine Dion performing on the Eiffel Tower during the opening ceremony of the Paris 2024 Olympic Games, in Paris, on July 26, 2024. AFP FILE PIX
Celine Dion announces comeback following health struggle
PKR deputy president Nurul Izzah Anwar denies claims that she has stepped down from her position in the party. - Bernama Photo
PKR deputy president Nurul Izzah Anwar denies claims that she has stepped down from her position in the party. - Bernama Photo
Nurul Izzah dismisses claims of stepping down as PKR deputy president
The case was being investigated under Sections 186 and 427 of the Penal Code for obstructing a public servant in the discharge of duties and committing mischief.
The case was being investigated under Sections 186 and 427 of the Penal Code for obstructing a public servant in the discharge of duties and committing mischief.
Man with 31 criminal records nabbed after KLIA car chase
Police have confirmed the arrest of 10 men, including a portal journalist, to assist in investigations into alleged trespassing at a factory construction site in the Kulim Hi-Tech Park (KHTP), Kulim last Wednesday. Photo for illustrative purposes only - Canva
Police have confirmed the arrest of 10 men, including a portal journalist, to assist in investigations into alleged trespassing at a factory construction site in the Kulim Hi-Tech Park (KHTP), Kulim last Wednesday. Photo for illustrative purposes only - Canva
Journalist among 10 men detained for alleged trespass at factory site in Kulim
Most Popular
The ‘BASS’ Phenomenon: How Bella Astillah and Syed Saddiq are rewriting the political playbook
Saddiq and Bella (centre) during a meet and greet session to promote his book "Jalan Tegak" published by Karangkraf during the International Book Festival Kuala Lumpur 2025 in May last year. (Photo by Halim Wahid)
Saddiq and Bella (centre) during a meet and greet session to promote his book "Jalan Tegak" published by Karangkraf during the International Book Festival Kuala Lumpur 2025 in May last year. (Photo by Halim Wahid)
MetMalaysia issues thunderstorm, heavy rain warning for Perak, Selangor and KL
Picture for illustrative purposes - File picture
Picture for illustrative purposes - File picture
'It was not me,' Rafizi denies receiving RM9.5mil linked to 'corporate mafia' scandal
Datuk Seri Rafizi Ramli. Bernama FILE PIX
Datuk Seri Rafizi Ramli. Bernama FILE PIX
'Luckiest man in the world': Syed Saddiq declares love for Bella, embraces her children in emotional engagement speech
Screenshot of Muar MP Syed Saddiq Syed Abdul Rahman and actress Bella Astillah's engagement ceremony broadcast on Astro Gempak.
Screenshot of Muar MP Syed Saddiq Syed Abdul Rahman and actress Bella Astillah's engagement ceremony broadcast on Astro Gempak.
Heatstroke warning: Spot the early signs
The public has been advised to watch for early signs of heatstroke, especially those most vulnerable, including children, the elderly, and people with chronic illnesses. - Photo by Bernama
The public has been advised to watch for early signs of heatstroke, especially those most vulnerable, including children, the elderly, and people with chronic illnesses. - Photo by Bernama
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