Search results for "goods and services tax GST"
Malaysia Cuts Growth Targets, Sees Wider Budget Deficit Through 2020
... wider fiscal deficits and slower economic growth ... parliament. Through governance improvements and increased revenue, the government ... ($240.67 billion), and on Thursday reiterated that ... He introduced an unpopular goods and services tax (GST) amid a decline in ...
20 Oct 2018 | 08:00 PM
India's Tax Effect: Hundreds of Thousands Laid Off Despite Growth
... powerlooms. India launched the Goods and Services Tax (GST) just over a year ... have registered with tax authorities and have a GST number. For ... on GST The GST replaced several federal and local taxes and ... 's leading electric goods maker, GST has meant cutting ...
09 Sep 2018 | 03:00 AM
Malaysia's Consumption Tax Revenue to Be Half Previous Level: Finmin
Kuala Lumpur. Malaysia's new tax on some goods and services, which takes effect on ... repealed the unpopular 6 percent goods and services tax (GST) that took effect in April ... place of GST, the government is reintroducing a Sales and Services Tax (SST) that ...
31 Aug 2018 | 09:00 AM
Malaysia Repeals Consumption Tax, Reinstates Old Tax Regime
... for the removal of the goods and services tax (GST) ahead of a May general ... rate under the previous sales and services tax (SST) regime but covered a ... range of items and services. The repeal of the consumption tax follows parliament ...
09 Aug 2018 | 08:00 PM
Malaysia's June Inflation Rate at 3-Year Low, but Rate Cut Unlikely
... after the government abolished a goods and services tax, but economists said this ... percent consumption tax on June 1. The goods and services tax (GST) is expected ... to be replaced by a reinstated sales and services tax ...
19 Jul 2018 | 06:00 AM
Malaysia Vows to Meet Deficit Target, Plug $5b Tax Hole
... though the scrapping of a goods and services tax will blow a $5 billion ... to scrap a much-maligned GST introduced in 2015. Finance Minister ... government-linked firms and a new sales tax expected to be ... of extra tax revenue from oil companies in Malaysia, and 10 ...
01 Jun 2018 | 07:00 AM
Slowing Malaysian Economy Poses Challenge for Mahathir Government
... moves to effectively scrap a goods and services tax (GST) - a significant source of government ... revenue, reintroduce a sales tax, and review various projects signed off ... by continued strength in domestic and global demand," Muhammad told reporters ...
18 May 2018 | 08:00 AM
Malaysia Says GST to Be Effectively Scrapped From June 1
... said it would reduce a goods and services tax, or GST, to zero from June ... the tax in 2015 amid lower oil prices. GST would ... as a permanent substitute for GST itself," said Anushka Shah, ... prioritize projects, increase efficiency and reduce wastage in the public ...
17 May 2018 | 10:00 PM
Mahathir Says Poised to Lead Malaysia Again After Shock Election Win
... promise to repeal a goods and services tax (GST) introduced by Najib and review foreign investments ... his campaign promises, including scrapping GST and a reintroduction of fuel subsidies ... , a professor of international and strategic studies at the University ...
10 May 2018 | 03:15 PM
India Regains Status as Fastest Growing Major Economy
... year as government spending, manufacturing and services all picked up. Asia's ... previous quarter, while financial and other services grew at 7.2 percent ... .6 percent. "Settling down of Goods and Services Tax [GST] reforms will boost growth in ...
01 Mar 2018 | 11:00 PM
Flight Delayed after Passenger Opens Emergency Window
Indonesia Receives 1.1 Million Doses of AstraZeneca Vaccine
Enhanced 3Ts Helps Indonesia Detect New Covid-19 Variant
"Women Aren’t Property": Activists Demand Protection from Sexual Violence
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