KUALA LUMPUR, Aug 21 (Bernama) -- The SME Association of Malaysia (SME Malaysia) has called for Budget 2027 to focus on measurable outcomes, not merely grants, financing and incentives, with success judged by productivity, investment, growth and competitiveness.
By K. Naveen Prabu
KUALA LUMPUR, Aug 20 (Bernama) -- An economist has backed the proposal for a hybrid sales and service tax (SST) system, saying the mechanism should incorporate input tax credits to reduce tax cascading.
KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.
PUTRAJAYA, Aug 19 (Bernama) -- The Ministry of Finance will be given time to conduct a comprehensive study on the government’s proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Services Tax (SST), said MADANI Government spokesperson Datuk Seri Fahmi Fadzil.
KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.
By Niam Seet Wei
KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.
PUTRAJAYA, Aug 18 (Bernama) -- The government is prepared to study a proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Service Tax (SST) to ensure the country's taxation system is more progressive, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Aug 11 (Bernama) -- HE Group Bhd’s wholly owned subsidiary, Hexatech Engineering Sdn Bhd, has accepted a letter of intent (LOI) to proceed with the supply and installation of 275-kilovolt (kV) electrical works for a data centre in Johor, valued at approximately RM47 million.
PUTRAJAYA, July 28 (Bernama) -- Malaysia’s immediate priority right now is to raise people’s incomes and address the country’s structural wage issue before broadening the tax base, Economy Minister Akmal Nasrullah Mohd Nasir said.
KOTA KINABALU, July 21 (Bernama) -- Sabah’s state sales tax collection for the main sectors as of June 30 this year stood at RM1.38 billion, the State Legislative Assembly was told today.
KUALA LUMPUR, June 25 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) held its Mid-Year Tax Focus Conference on Wednesday, underscoring the importance of strengthening economic resilience and deepening smarter collaborations between the public and private sectors as Malaysia advances key fiscal reforms amid a period of global uncertainty.
KUALA LUMPUR, June 24 (Bernama) -- Alderbuck Energy, a power conversion and intelligent energy management solutions developer, announced that its Nexus Power Unit (NPU) will be deployed at the San Diego Supercomputer Center (SDSC) at the University of California San Diego.
