Domestic Trade, Co-operatives and Consumerism Minister, Datuk Seri Hasan Malek has envisaged a variety of mechanisms to reduce the people’s hardship to be announced by Prime Minister Datuk Seri Najib Tun Razak in the 2015 Budget next week.

Speaking to reporters Thursday, he said this would include an increase in the amount of the 1Malaysia People’s [...]

The registration exercise for the Goods and Services Tax (GST)has attracted about 71,916 companies as of Oct 1.

Royal Malaysian Customs Department Deputy Director General (GST) Datuk Zainul Abidin Taib said on Sept 30, the number of registrations jumped by 6,000 companies.

“The figure is very encouraging based on the GST awareness and other overall programes being [...]

The Goods and Services Tax (GST) will see accountants and tax agents play an important role before and after the new tax regime is implemented on April 1, 2015.

The implementation of GST has a wide-ranging implications on businesses and companies are required to get their businesses a GST-compliant financial system and GST-accounting sofware.

“All authorised accountants [...]

The National Institute of Public Administration (Intan) will appoint 67 Goods and Services Tax (GST) advocators soon to intensify efforts to inform and explain GST to the people nationwide.

In Sabah, its Sabah campus director Jamaluddin Mohd Ali said six officers would be appointed and trained to give information and clarification in a simple language that [...]

When the Good and Services Tax (GST) comes into effect next April, consumers should check their payment receipts to ensure that the GST they pay goes to the country’s coffers and not pocketed by unscrupulous traders or businesses.

The GST Director for the Royal Malaysian Customs Department Subromaniam Tholasy said consumers could check on the GST [...]

The implementation of the Goods and Services Tax (GST) next year can help to prevent money laundering and black money.

Second Finance Minister Datuk Seri Dr Ahmad Husni Hanadzlah’s special assistant Ting Tai Fook said that the GST was transparent and that all items paid and charged would be printed out in an invoice.

“In the current [...]

Datuk Seri Najib Tun Razak said on Thursday the Goods and Services tax (GST) system that will be implemented from April next year is able to secure the country’s future with more robust yields.

The prime minister said even though certain quarters proposed to hold protests in Kuala Lumpur against the GST, the reality was that [...]

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