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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) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
KUALA LUMPUR, Aug 18 (Bernama) -- The digital economy is on the right track to account for 30 per cent of the nation’s gross domestic product (GDP) by 2030, said Digital Minister Gobind Singh Deo.
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 18 (Bernama) -- Budget 2027 must heed the voice of the people and meet their aspirations by driving the country’s development and improving the people’s well-being, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.
KUALA LUMPUR, Aug 14 (Bernama) -- The country's Gross Domestic Product (GDP) growth rate jumped to six per cent in the second quarter of 2026, exceeding market expectations and thus recording the strongest second-quarter growth performance outside of the pandemic period since 2014.
KUALA LUMPUR, Aug 7 (Bernama) -- The Government-Linked Enterprises Activation and Reform Programme (GEAR-uP), which is entering its third year, saw government-linked investment companies (GLICs) allocating and deploying RM 20.3 billion domestically.
