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Industry players call for scrapping of HVGT in favour of GST

PETALING JAYA: Industry players and stakeholders have called for the proposed High-Value Goods Tax (HVGT) to be scrapped to pave the way for a better and more comprehensive tax system like the Goods and Services Tax (GST).They said the limited revenue to be derived from the HVGT does not warrant its implementation.

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M'sians buying gold ahead of luxury tax rollout

World News - PETALING JAYA – With Chinese New Year around the corner, interest in gold is spiking as Malaysian shoppers try to “dodge” the upcoming luxury tax slated to be implemented in May. Jewellers say despite the current high price of gold, many would be aiming to buy... Read more at www.tnp.sg

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Interest in gold spikes

PETALING JAYA: With the approaching Chinese New Year, interest in gold is spiking as shoppers try to “dodge” the impending High Value Goods Tax (HVGT) slated for May.

China , Petaling , Malaysia-general- , Malaysia , Malaysians , Chinese , Malaysian , Mohamad-shaifudeen-mohamed-sirajudeen , Mohamad-shaifudeen , Hari-raya-puasa , Meer-habib , Yih-pyng

Buyers: Gold trinkets a savings tool, not a luxury

GEORGE TOWN: The time is not conducive now to enact new legislation to tax certain luxury items such as jewellery.

Kuala-lumpur , Malaysia , Israel , Penang , Pulau-pinang , Thailand , Singapore , Palestinian , Malaysian , S-nadarajah-pather , Mohamad-shaifudeen-mohamed-sirajudeen , Indian-goldsmith

Worry over move to tax gold

PETALING JAYA: While the luxury goods tax is being fine-tuned, concerns have arisen about whether the purchase of gold should be taxed.

Malaysia , Petaling , Malaysia-general- , Malaysians , Malaysian , Yih-pyng , Indian-goldsmith , Mohamad-shaifudeen-mohamed-sirajudeen , Abdul-rasul , Mohamad-shaifudeen , Federation-of-goldsmiths , Provident-fund

Public health comes first

Public health comes first
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Malaysia , Petaling , Malaysia-general- , Malaysian , Sdn-bhd , Zainal-ariffin-omar , Moy-foong-ming , Mohamad-shaifudeen-mohamed-sirajudeen , Mohamad-shaifudeen , National-security-council , Health-ministry , Malaysian-public-health-physicians-association