Non-payment of GST refunds needs finance minister’s nod
KUALA LUMPUR: Only the finance minister has the authority to extend the two weeks given to the Royal Customs Department to refund goods and services tax (GST) inputs paid by businesses.
Guan Eng: BN govt also did not return RM16.05b in excess taxes paid
KUALA LUMPUR (August 23): The new Pakatan Harapan government has revealed that excess income tax and real property gains tax paid by taxpayers totalling RM16.
Najib says Malaysians have to prepare to pay more new taxes
KUALA LUMPUR (Aug 17): Malaysians will now have to prepare to pay various new taxes to be imposed by the PH government due to the abolition of goods and services tax (GST), former Prime Minister Datuk Seri Najib Razak (pictured) said.
Guan Eng files motion to reopen 1MDB probe, make it public
KUALA LUMPUR (Aug 15): Finance Minister Lim Guan Eng today filed a motion for the Auditor General (AG) and Public Accounts Committee (PAC) to reopen a detailed investigation on the 1Malaysia Development Bhd (1MDB) scandal in Dewan Rakyat.
Food outlets with less than RM1m revenue exempt from service tax, Guan Eng says
KUALA LUMPUR (Aug 8): Food outlets such as those selling roti canai, nasi lemak (pictured) and nasi goreng, and earning less than RM1 million annual revenue would be exempted from tax under the proposed Service Tax Bill 2018, said Finance Minister Lim Guan Eng.
Terminating MRCB-George Kent as LRT3 PDP would have cost govt RM4.2b, says Lim
KUALA LUMPUR (Aug 7): The government would have to pay a RM4.
‘Equanimity must be sold to get something back for Malaysians’
KUALA LUMPUR (August 7): The federal government will eventually dispose of the Equanimity super yacht, which has been linked to funds misappropriated from 1Malaysia Development Bhd (1MDB), according to Finance Minister Lim Guan Eng.
Plans for a new LCCT in Penang, says Guan Eng
KUALA LUMPUR (Aug 6): The government is looking to build a low-cost carrier terminal (LCCT) next to the Penang International Airport (PIA) in Bayan Lepas in one to two years, to cope with the increasing number of air passengers to the state.
AirAsia's Fernandes expresses confidence in having LCCTs in KL, Penang, KK
KUALA LUMPUR (Aug 1): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said he is confident the government will allow for the set-up of three low-cost carrier terminals (LCCTs) in the country.
MRT3 to be revisited when country’s finances improve
KUALA LUMPUR (Aug 1): The mass rapid transit Line 3 (MRT3) project may still see the light of day as the government will be revisiting it if the country’s financial situation improves, according to Finance Minister Lim Guan Eng.
