HEADLINES

luxury tax

MPs suggest govt study impact of higher service tax, new luxury tax on Malaysians

The government has been advised to study the implementation of taxes, including the new rate of service tax, that might have a direct impact on Malaysians.

Budget 2024: SST increased to 8%, capital gains tax to 10%, luxury tax to be brought in

A number of tax reform measures will be implemented next year to expand the country's revenue base and at the same time not burden the majority of the public.

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source