ACCCIM hopes for GST Rate to remain for at least Three Years KUALA LUMPUR, Nov 17 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) hopes the government will keep the six per cent Goods and Services Tax (GST) rate for at least three to five years. Its President Datuk Lim Kok Cheong said this will allow for a two-year grace period of learning and settling down, and without legal action or the imposition of heavy penalties on businesses that make unintentional mistakes during this time.
Parliament: Government plans to set up Special Court for GST Cases KUALA LUMPUR, Nov 17 (Bernama) -- The government plans to set up a special court for the Goods and Services Tax (GST) in an effort to monitor GST implementation starting April 2015. Domestic Trade, Cooperatives and Consumerism Deputy Minister Datuk Seri Ahmad Bashah Md Hanipah said the special court would hear cases against unscrupulous traders who increased their price indiscriminately after
Hearing of Kassim Ahmad's Application for Judicial Review Next Tuesday KUALA LUMPUR, Nov 12 (Bernama) -- The High Court (Appellate and Special Powers Division) here has set next Tuesday to hear an application by former social and political activist Dr Kassim Ahmad to obtain a judicial review to quash a decision by the FederalTerritories Syarie Prosecution chief in having him charged at the Syariah High Court in Putrajaya. Kassim's counsel Andy Tan told this to r
Tax Analysis Division, IRB urged to expedite Approval for Tax Agents KUALA LUMPUR, Nov 11 (Bernama) -- To improve the process of approving tax agent applications, the Auditor General has proposed the Tax Analysis Division (TAD) and the Inland Revenue Board (IRB) to expedite the approval, approval conditions, interviews and certification by the Tax Agent Committee. This is to ensure that the public delivery system is in order and the level of services by the ta
Other Headlines of the Day
SIBU, Nov 20 (Bernama) -- The time has came for the country's Law Reform (Marriage and Divorce) Act 1976 to be reviewed as it was passed a long time ago, said the Chief Judge of Sabah and Sarawak, Tan Sri Richard Malanjum.
KUALA LUMPUR, Nov 20 (Bernama) - New applicants for 1Malaysia People's Aid (BR1M) can made from Dec 1 while existing recipients have to update their personal information to ensure payment.
KANGAR, Nov 20 (Bernama) -- A businessman claimed trial in the Sessions Court here Thursday to 74 counts of money laundering and illegal transaction involving RM6.25 million.
MELAKA, Nov 20 (Bernama) -- The Government will discuss with all parties including employer associations in the country on proposals to impose severe penalties on employers who hire illegal immigrants, said Deputy Home Minister Datuk Seri Dr Wan Juna
SHAH ALAM, Nov 20 (Bernama) -- A records management and storage company was fined RM12,000 by the Magistrate's Court here Thursday for failure to pay the minimum wage to four of its foreign workers as stipulated in the minimum wage order under the Na
BANGKOK, Nov 20 (Bernama) The Working Group on Legal Metrology in ASEAN benchmarked their metrology laws against the International Organisation of Legal Metrology (OIML) best practices.
KUALA LUMPUR, Nov 20 (Bernama) -- The number of companies registered for the Goods and Services Tax (GST) stood at 153,514 as of Nov 19, an increase of 2,629 from the previous day, the Royal Malaysian Customs Department said.
PUTRAJAYA, Nov 19 (Bernama) -- A reference proceeding in honour of the late Sultan of Perak, Sultan Azlan Shah was held at the Federal Court, here, today.
PETALING JAYA, Nov 19 (Bernama) -- Businesses with annual sales turnover of less than RM500,000 now are urged to register for Goods and Services Tax (GST) before the annual turnover exceeds RM500,000 in the future.
PUTRAJAYA, Nov 19 (Bernama) -- "If you seek to remember Almarhum (Sultan Azlan Shah), just look around the courts and you will feel his presence, because the name Raja Azlan Shah is almost a byword for the law itself," said Chief Justice Tun Arifin Z
Headlines by Practice Area
KUALA LUMPUR, Oct 15 (Bernama) -- Bank Negara Malaysia (BNM) is seeking the public's feedback on the draft bill to amend the Development Financial Institutions Act 2002 (DFIA). In a statement Wednesday, the central bank said it also welcomes industry players, intermediaries and related stakeholders to provide their feedback to further strengthen th
As if ‘open season' has been declared in recent months, competition regulators around the world have been busy imposing fines and penalties against manufacturers and suppliers in the automobile sector. Least to say, 2014 has not been a good year for the industry thus far.
KUALA LUMPUR, Oct 1 (Bernama) -- Small and medium enterprises (SMEs) expect the government to introduce new incentives in Budget 2015 to help promote the sector and enable it to continue contributing significantly to the country's gross domestic product (GDP), said RHB Research analyst Alexander Chia Hock Lon. He said with the government set to imp
SHAH ALAM, Oct 30 (Bernama) -- Three former college students were sentenced to death by the High Court here today, when they were found guilty of murdering their differently-abled lecturer, Zara Eleena Omar Peter and her father, two years ago. Judge Datuk Abdul Halim Aman made the decision after he was satisfied that the defence of Mohamad Zul Shah
KUALA LUMPUR, Nov 12 (Bernama) -- The High Court (Appellate and Special Powers Division) here has set next Tuesday to hear an application by former social and political activist Dr Kassim Ahmad to obtain a judicial review to quash a decision by the FederalTerritories Syarie Prosecution chief in having him charged at the Syariah High Court in Putraj
KUALA LUMPUR, Sept 23 (Bernama) -- The proposed exemption for micro companies or employers to pay minimum wage to their workers is tantamount to denying the rights of the workers, Human Resources Minister Datuk Richard Riot Jaem said. He said this was because employees of micro companies comprised mostly locals and did not receive any other allowan
KUALA PILAH, Sept 29 (Bernama) -- Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Hasan Malek said an awareness campaign on the importance of intellectual property would be intensified across the country with the aim of providing knowledge and exposure to the public, especially producers, manufacturers and traders. In relation to
JOHOR BAHARU, Sept 20 (Bernama) - The Johor government will set new guidelines for buyers of affordable homes in the state to prevent them from selling their property within a five-year period. Menteri Besar Datuk Seri Mohamed Khaled Nordin said the condition would be imposed to avoid buyers from making easy profit. "The affordable houses by the st
KUALA LUMPUR, Nov 17 (Bernama) -- The government plans to set up a special court for the Goods and Services Tax (GST) in an effort to monitor GST implementation starting April 2015. Domestic Trade, Cooperatives and Consumerism Deputy Minister Datuk Seri Ahmad Bashah Md Hanipah said the special court would hear cases against unscrupulous traders who
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