KUALA LUMPUR (Jan 21): Finance Minister Lim Guan Eng (pictured) said today Malaysia's 2018 Sales and Services Tax collection by the Royal Malaysia Customs Department amounted to RM5.
PETALING JAYA: The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding period as there would be no motivation for longer term investment, said a tax expert.
MELAKA (Dec 31): The scope of the Sales and Services Tax (SST) will be expanded to cover four new types of services effective March 1.
KUALA LUMPUR (Dec 20): The Sales and Service Tax (SST) has lowered the prices of 291 items, since it was re-introduced in September.
KUALA LUMPUR (Nov 15): A total of 92,682 businesses have registered under the Sales and Services Tax (SST) regime as of Oct 23, the Dewan Rakyat heard today.
KUALA LUMPUR (Nov 6): The 2019 Budget's emphasis on addressing the stock of government debt and contingent liabilities is likely to narrow fiscal space and prevent public investment from driving economic activity as it did before, said the World Bank Group.
KUCHING (Oct 30): The government is projecting an SST tax collection of RM21 billion a year compared to RM43 billion in GST tax collection, said Domestic Trade and Consumer Affairs Deputy Minister, Chong Chieng Jen.
KUALA LUMPUR (Oct 30): Following the exemption of the Sales and Services Tax (SST) on construction materials, new home buyers may be able to look forward to discounts between five to 10 per cent on house prices in the coming months.