Senator urges reintroduction of GST
Senator Low Kian Chuan says reintroducing GST at a reasonable rate is a sustainable and comprehensive way to increase government income. – The Malaysian Insight file pic, April 3, 2023.
This is expected to strengthen the government’s revenue collection, said Low, who is also the Associated Chinese Chambers of Commerce and Industry of Malaysia president, during the debate session on the Supply Bill 2023 at the Dewan Negara today. “ Let’s say RM1 million with voluntary registration to ensure that businesses, especially small and medium enterprises, are GST-free,” he said.
This ensures that the federal government’s financial statements are based on accrual accounting, which would provide a holistic and accurate picture of the country’s current financial position.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Govt should reintroduce GST at reasonable rate, says senatorKUALA LUMPUR, April 3 — The government should consider a sustainable and comprehensive method of expanding income by reintroducing the goods and services tax (GST) at a...
Read more »
Putrajaya disaran perkenal semula GST dengan kadar munasabah | The Malaysian InsightSenator Low Kian Chuan berkata ia bagi meluaskan pendapatan yang mampan dan komprehensif.
Read more »
Senator urges doctors to call off strikeGEORGE TOWN: Contract doctors should call off their planned strike because the Health Ministry is doing its best to handle the issue, says senator Dr RA Lingeshwaran.
Read more »
Mawilla 2 brings back 11 M’sians from the Philippines waters after their boat capsized'The victims had to cling on to the overturned boat for almost three hours before being rescued by a passing ship,' the Mawilla 2 statement said theSun theSundaily boat capsized danger rescue Navy Malaysia
Read more »
Malaysian keeps pis embroidery heritage alive by teaching it to women in SabahCrisna teaches the traditional craft to Rungus women in nine villages in Kudat and Beluran, Sandakan. She has nearly 200 students under her wing.
Read more »
State liaison committee takes over Johor Baru Umno division polls | The Malaysian InsightState liaison committee takes over Johor Baru Umno division polls
Read more »