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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
Nadiem during court proceedings in Central Jakarta Court in Jakarta, Indonesia. (REUTERS PIC)
Nadiem during court proceedings in Central Jakarta Court in Jakarta, Indonesia. (REUTERS PIC)
Nadiem Makarim: From reform icon to case study in political risk
Prime Minister Datuk Seri Anwar Ibrahim today confirmed that the Cabinet has approved the new admission pathways for graduates from Chinese Private Secondary School or holders of the Unified Examination Certificate into public universities. - Photo by Bernama
Prime Minister Datuk Seri Anwar Ibrahim today confirmed that the Cabinet has approved the new admission pathways for graduates from Chinese Private Secondary School or holders of the Unified Examination Certificate into public universities. - Photo by Bernama
IPTA admission pathways for SMPC/UEC approved by Cabinet - PM Anwar
An animal lover's good intentions turned to tragedy when he fell into a drain nearly four metres deep in Taman Melaka Perdana, Ayer Keroh, on Friday.
An animal lover's good intentions turned to tragedy when he fell into a drain nearly four metres deep in Taman Melaka Perdana, Ayer Keroh, on Friday.
Man falls into deep drain in bid to save cat
Sunway Medical Centre, Sunway City (SMC) clinical oncologist Dr David Lee Dai Wee
Sunway Medical Centre, Sunway City (SMC) clinical oncologist Dr David Lee Dai Wee
Early-onset cancer on the rise in Malaysia, driven by lifestyle and environmental factors
This file photo taken on April 16, 2026 shows the sun setting next to power lines along San Fernando town, Pampanga province, north of Manila. - (Photo by TED ALJIBE / AFP)
This file photo taken on April 16, 2026 shows the sun setting next to power lines along San Fernando town, Pampanga province, north of Manila. - (Photo by TED ALJIBE / AFP)
Power cuts hit millions in the Philippines
Most Popular
Indonesia’s Chromebook procurement scandal: What you need to know
Indonesia's former education minister Nadiem Makarim attends his trial at the Corruption Court in Jakarta on Jan 12, 2026. - (Photo by BAY ISMOYO / AFP)
Indonesia's former education minister Nadiem Makarim attends his trial at the Corruption Court in Jakarta on Jan 12, 2026. - (Photo by BAY ISMOYO / AFP)
NKVE accident: Viral video shows car struck three times near Duta Toll Plaza, one arrested
A multi-vehicle accident along the New Klang Valley Expressway (NKVE) near the Duta Toll Plaza on Friday night turned chaotic after a car was struck three times within minutes, in an incident that later went viral on social media.
A multi-vehicle accident along the New Klang Valley Expressway (NKVE) near the Duta Toll Plaza on Friday night turned chaotic after a car was struck three times within minutes, in an incident that later went viral on social media.
CCTV captures repeated incidents of woman defecating in front of Seremban shop
CCTV footage at the location captured the actions of the woman, who is alleged to frequently defecate. Photo: NegeriSembilanKini
CCTV footage at the location captured the actions of the woman, who is alleged to frequently defecate. Photo: NegeriSembilanKini
Police hunt man who lured boy with phone package offer before confining and sexually assaulting teen in Bukit Kemuning
Police are tracking down a man believed to have confined and sexually assaulted a 14-year-old boy in an apartment in Bukit Kemuning, Section 32, here, yesterday.
Police are tracking down a man believed to have confined and sexually assaulted a 14-year-old boy in an apartment in Bukit Kemuning, Section 32, here, yesterday.
‘Hutang budi dibawa mati' Pahang Tengku Mahkota cites proverb in call for fair federal treatment
The Tengku Mahkota of Pahang Tengku Hassanal Ibrahim Alam Shah Al-Sultan Abdullah has reiterated his call for careful consideration and fair treatment for the state, reaffirming that such treatment must be accorded by the federal government. Photo: Facebook/Kesultanan Pahang
The Tengku Mahkota of Pahang Tengku Hassanal Ibrahim Alam Shah Al-Sultan Abdullah has reiterated his call for careful consideration and fair treatment for the state, reaffirming that such treatment must be accorded by the federal government. Photo: Facebook/Kesultanan Pahang
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