Posts Tagged ‘SST’

House prices to drop 10% post-SST

By P PREM KUMAR & ALIFAH ZAINUDDIN / Pic By MUHD AMIN NAHARUL
Prices of new residential properties are expected to go down by 10% after the ...

Impending cigarette price rise weighs on BAT’s shares

BAT shares fell for 2 straight days after MoH’s announcement that retail cigarette prices will be raised by end-Oct
By MARK RAO / Pic By TMR British ...

Cigarette prices to increase by month-end

By P PREM KUMAR & ALIFAH ZAINUDDIN / Pic By ISMAIL CHE RUS
RETAIL price of cigarettes is expected to increase later this month following the recent ...

GST absence leaves RM17b hole in revenue

By P PREM KUMAR
The introduction of the Sales and Services Tax (SST) in place of the Goods and Services Tax (GST) will result in a RM17 billion loss in ...

Developers have a month to submit SST savings report

Govt will likely withdraw the SST exemption if any benefit is not passed down to consumers
By SHAHEERA AZNAM SHAH / Pic By TMR Property developers have ...

SST rate reduced by half on some goods, says Lim

By FARA AISYAH / Grapic By TMR
The Sales and Services Tax (SST) for certain goods including cosmetic, beauty products and skincare, mobile-phone ...

Reduction in home prices must be visible

The govt might reconsider SST exemption if house developers fail to cut prices, says minister
By FARA AISYAH / Pic By MUHD AMIN NAHARUL The reduction ...

JTI seeks MoH’s clarification on SST

In relation to any tax driven price increase, it is illegal for any tobacco manufacturer to absorb any quantum of the increase, ...

August CPI down, interest rates unchanged

The lower inflation rate is credited to several factors largely to the zero-rating of GST
By SHAZNI ONG / Pic By MUHD AMIN NAHARUL ...

Almost 199,000 vehicles sold during tax holiday

By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL
The automotive sector sold 198,518 vehicles during the three-month tax holiday period, almost 48,000 more ...

Worries of growing property bubble, says IDEAS

Ferlito says the govt should allow the natural correction to happen
By SHAZNI ONG / Graphic By TMR The growing property bubble is reaching a ...

Bermaz Auto’s 1Q18 profit more than doubles

by TMR /pic by MUHD AMIN NAHARUL
BERMAZ Auto Bhd’s net profit for the first quarter ended July 31, 2018 (1Q18), came in higher at RM50.27 million ...