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KUALA LUMPUR, Oct 29 (Bernama) -- The national hardcore poverty rate recorded a decline to 0.09 per cent (pct) last year compared to 0.2 pct the previous year, the Dewan Rakyat was told today. Finance Minister II Datuk Seri Amir Hamzah Azizan said the...
LUMPUR, June 15 – The Finance Ministry through the Royal Malaysian Customs Department is committed to ensuring that the Goods and Services Tax (GST) refund to taxpayers will be expedited, and payment to be made beginning June 22. Minister Tengku Datuk...
ended yesterday with several key issues of the country’s economy receiving attention, including the reintroduction of the Goods and Services Tax (GST), economic turmoil and the 1Malaysia Development Bhd (1MDB) debt. The Unity Government under Prime...
KUALA LUMPUR, Aug 9 (Bernama) – The gradual increase in the Overnight Policy Rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah. Any decision made by Bank Negara Malaysia (BNM) to adjust the...
KUALA LUMPUR, 2 Feb – The government’s financial standing remains strong and has been used to good effect to cushion the COVID-19 shock, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said Fitch Ratings, in its recent report, agreed that...
KUALA LUMPUR, June 10 (Bernama) – The Goods and Services Tax (GST) will be improved in terms of the efficiency of its reimbursement process, business compliance level as well as overall administration if the government decides to reintroduce the tax....
KUALA LUMPUR, Oct 29 – The government will publish the Tax Expenditure Statement in an effort to improve fiscal discipline and transparency, as well as complement the Medium-Term Revenue Strategy programme, as well as the tax incentive study that is...
government will prioritise improving the current tax system before assessing the need to reintroduce new tax such as the Goods and Services Tax (GST), said Finance Minister II Datuk Seri Amir Hamzah Azizan. “I think the GST is the tax structure that we...
KUALA LUMPUR, Nov 3 (Bernama) – The government will review the phased implementation of retargeting subsidies and assistance for other subsidised goods, including sugar, rice, and cooking oil. Deputy Finance Minister Lim Hui Ying said the move aims to...
said this in reply to a supplementary question from Senator Robert Lau Hui Yew on whether government would reintroduce the goods and services tax (GST) and its date of implementation. Earlier, when responding to the initial question from Senator N...