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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
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, who is also in charge of the Rural and Regional Development Ministry, said biodiesel production would be introduced in stages beginning with B15 before progressing to B20, with the potential to reach B50 within the next two to three years. Photo by Bernama
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, who is also in charge of the Rural and Regional Development Ministry, said biodiesel production would be introduced in stages beginning with B15 before progressing to B20, with the potential to reach B50 within the next two to three years. Photo by Bernama
Malaysia to roll out B15 biodiesel from June 1 - Zahid
Prime Minister Datuk Seri Anwar Ibrahim said the situation in Negeri Sembilan should be viewed in the context of respecting the royal institution and maintaining administrative stability. Photo by Bernama
Prime Minister Datuk Seri Anwar Ibrahim said the situation in Negeri Sembilan should be viewed in the context of respecting the royal institution and maintaining administrative stability. Photo by Bernama
Ensure continued administrative stability in Negeri Sembilan - Anwar
The Court of Appeal has increased the jail term of businessman Rosmaini Abd Raof, 43, from 10 to 14 years for causing severe injuries to his third ex-wife, Jahidah Nordin, 47, leaving her in a coma five years ago. - BERNAMA FILE PIX
The Court of Appeal has increased the jail term of businessman Rosmaini Abd Raof, 43, from 10 to 14 years for causing severe injuries to his third ex-wife, Jahidah Nordin, 47, leaving her in a coma five years ago. - BERNAMA FILE PIX
Court increases Rosmaini’s jail term to 14 years for assaulting ex-wife
Prime Minister Datuk Seri Anwar Ibrahim today stressed that adjustments to operating expenditure will not affect critical sectors such as healthcare and education. Photo by Bernama
Prime Minister Datuk Seri Anwar Ibrahim today stressed that adjustments to operating expenditure will not affect critical sectors such as healthcare and education. Photo by Bernama
Anwar: Adjustments to operating expenditure will not affect healthcare, education
FILE PIX: Egyptian photojournalists raise their cameras during a demonstration outside the Syndicate headquarters in Cairo on May 3, 2016 on the occasion of World Press Freedom day, a day after police stormed the headquarters of the journalists' association and arrested two journalists. (Photo by KHALED DESOUKI / AFP)
FILE PIX: Egyptian photojournalists raise their cameras during a demonstration outside the Syndicate headquarters in Cairo on May 3, 2016 on the occasion of World Press Freedom day, a day after police stormed the headquarters of the journalists' association and arrested two journalists. (Photo by KHALED DESOUKI / AFP)
The Price of a Free Press
Most Popular
Labour Day spotlight: The hidden struggles of e-hailing drivers
Photo for illustration purposes only. - CANVA
Photo for illustration purposes only. - CANVA
Nine-year-old girl swept away by strong currents in Cheras drain
A search and rescue operation is underway for a nine-year-old girl who is feared drowned after falling into a drain at the Sri Hijau Condominium in Bandar Mahkota Cheras on Friday.
A search and rescue operation is underway for a nine-year-old girl who is feared drowned after falling into a drain at the Sri Hijau Condominium in Bandar Mahkota Cheras on Friday.
Healthy lifestyle key for artistes with irregular schedules, says Wan Azizah
CHERAS, 11 April -- Isteri Perdana Menteri juga Ahli Parlimen Bandar Tun Razak Datuk Seri Dr Wan Azizah Wan Ismail berucap seterusnya merasmikan Dewan Persatuan Kebajikan Sayangi Rakyat Kuala Lumpur hari ini. Wan Azizah berkata amalan kitar semula perlu dijadikan budaya dalam kalangan rakyat Malaysia bagi menangani isu pencemaran alam sekitar, terutama pencemaran plastik yang semakin membimbangkan. Beliau berkata sehubungan itu, usaha di peringkat komuniti seperti penubuhan pusat kitar semula berasaskan sukarelawan mampu menjadi model kepada masyarakat di seluruh negara. --fotoBERNAMA (2025) HAK CIPTA TERPELIHARA
CHERAS, 11 April -- Isteri Perdana Menteri juga Ahli Parlimen Bandar Tun Razak Datuk Seri Dr Wan Azizah Wan Ismail berucap seterusnya merasmikan Dewan Persatuan Kebajikan Sayangi Rakyat Kuala Lumpur hari ini. Wan Azizah berkata amalan kitar semula perlu dijadikan budaya dalam kalangan rakyat Malaysia bagi menangani isu pencemaran alam sekitar, terutama pencemaran plastik yang semakin membimbangkan. Beliau berkata sehubungan itu, usaha di peringkat komuniti seperti penubuhan pusat kitar semula berasaskan sukarelawan mampu menjadi model kepada masyarakat di seluruh negara. --fotoBERNAMA (2025) HAK CIPTA TERPELIHARA
The election nobody is officially calling, yet everyone is planning for
BERNAMA FILE PIX
BERNAMA FILE PIX
PH regrets actions of 14 Negeri Sembilan Umno-BN assemblymen
Pakatan Harapan (PH) has expressed regret over the actions of 14 Negeri Sembilan Umno-Barisan Nasional (BN) assemblymen who withdrew their support for the state government. - Photo by Bernama
Pakatan Harapan (PH) has expressed regret over the actions of 14 Negeri Sembilan Umno-Barisan Nasional (BN) assemblymen who withdrew their support for the state government. - Photo by Bernama
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