GST

The implementation of the Goods and Services Tax (GST) is in line with the government’s aspiration to increase the country’s income and revenue by 2020, hence giving a huge benefit to the people, including civil servants.

The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) president Azih Muda said when the government [...]

The increase in prices of goods that comes with the enforcement of the Goods and Service Tax on April 15 next year will be a ‘one off’, said Customs Director-General Datuk Seri Khazali Ahmad.

He said there was no need for the public to worry as the price would stabilise within a year.

“Based on a study, [...]

The Goods and Services Tax (GST) will help Malaysia achieve a surplus budget by 2020, the year Malaysia is projected to become a developed nation.

Executive Director, Tax Advisory And Management Services Sdn Bhd (TAMS) Yong Poh Chye said the government can collect RM23.1 billion in tax revenue next year and that is only from three [...]

Prime Minister Datuk Seri Najib Tun Razak said the government will channel more development funds to the people in the rural areas once the Goods and Services Tax (GST) is implemented in the country.

He said the matter was informed to the cabinet that development in the rural areas was among the sectors to be given [...]

The government will take stern action against those who increase prices after the implementation of the Goods and Services Tax (GST) on April 1, 2015, said Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah.

He said those who sell goods and provide services should not use the GST as an excuse to increase prices [...]

Melaka Chief Minister Datuk Seri Idris Haron said the Goods and Services Tax (GST) will remedy the situation whereby the rich becomes richer and the poor becomes poorer.

He said the current sales and services tax had room that could be manipulated by certain quarters, causing losses to the nation and people.

“There is no room in [...]

The proposed implementation of Goods and Services Tax (GST) has caused consternation among Malaysians, with many unsure of how the consumption tax is going to affect their lives.

Without a clear understanding on the significance of GST in the first place, many have been harbouring unfounded fears and even have opposed the new taxation system announced [...]

Rural folk would benefit from increased development allocations for their areas with the implementation of the Goods and Services Tax (GST) from next year, said Prime Minister Datuk Seri Najib Tun Razak, Baram, Sarawak on Monday.

He said with the implementation of GST, the government would be able to increase its revenue which could then be [...]

The Goods and Services Tax, which will be implemented on April 1 next year, will make it difficult for unscrupulous traders to overcharge consumers.

Royal Malaysian Customs Department internal tax division director Datuk Subromaniam Tholasy said the GST improves the structural defects in the current sales tax system and helps ensure that consumers do not pay [...]

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 [...]