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1-10 results from 1000 for query «tax»

January 20, 2018 3:38 PM Customs identify thousands of firms cheating on GST

PUTRAJAYA, Jan 20 — The Royal Malaysian Customs Department (JKDM) has identified more than 5,000 companies involved in fraud over payments of the Goods and Services Tax (GST) since it was implemented on April 1, 2015. Customs director-general, Datuk Seri T. Subromaniam said the department had also opened investigation papers against all the companies 3

January 18, 2018 3:29 PM Police detain man, seize 10 cloned vehicles at long distance bus terminal

KUALA LUMPUR, Jan 18 – Police detained a man and seized 10 luxury vehicles, believed to be cloned, parked at the Southern Integrated Terminal (TBS) car park here yesterday. Bukit Aman’s Traffic Investigation and Enforcement Department said in a statement, the police managed to arrest a suspect, in his 40s, driving a Toyota Vellfire car at the car park in an operation 7

January 18, 2018 11:20 AM Sunway theme parks records visitor growth in 2017

KUALA LUMPUR, Jan 18 — Sunway Group’s two theme parks recorded a growth in the number of visitors for 2017 despite the softening economy, signalling higher tourist spending. Sunway Malls and Theme Parks chief executive HC Chan said Sunway Lagoon and Lost World of Tambun theme parks recorded 1.6 million and 1.1 million visitors respectively 10

January 18, 2018 5:16 AM Gov losing RM8b in tax revenue from illicit trade

KUALA LUMPUR: The Institute for Democracy and Economic Affairs (IDEAS) has estimated that government is losing some RM8 billion in tax revenue annually due to illicit trade. Last year, the illicit tobacco market alone is believed to have contributed about RM4.4 billion in tax revenue losses. Apart from the tobacco industry, these losses also come from the black 5

January 17, 2018 3:46 PM Report: Nainggolan Chinese talks back on

Nainggolan's (right) €50 million transfer to Guangzhou fell through early this week because the total cost would have reached €70 million. — Reuters pic ROME, Jan 17 — Serie A challengers Roma have reopened talks with Chinese club Guangzhou Evergrande for the transfer of midfielder Radja Nainggolan, according to reports in Italy today. Roma want to cash in on the talented 10

January 17, 2018 7:27 AM Samsung Malaysia unveils 2018 Galaxy A8, A8+

Screengrab of the Samsung Galaxy A8 from LUMPUR Jan 17 — Samsung Malaysia Electronics (SME) Sdn Bhd today unveiled its water-resistant dual-front camera smartphones – 2018 Galaxy A8 and Galaxy A8+. Product Marketing IT and Mobile Business Unit senior manager, Julien Thean, said the consumers had an array of three colours 11

January 12, 2018 2:42 PM Berlusconi throws flat tax plan into election campaign

Italy's former prime minister Silvio Berlusconi attends a news conference in Rome in this November 25, 2013 file photo. — Reuters picMILAN, Jan 12 — A promise of a flat tax by former prime minister Silvio Berlusconi today sparked sharp reactions from opponents ahead of a general election and head-scratching among economists. Campaigning ahead of a general 10

January 9, 2018 9:08 AM Penang gives RM1.02m to Penang mission schools

Lim (centre), who presented the cheques to the schools in Komtar today, said this was the 10th year the current administration was giving out allocations to these schools. — Picture by Sayuti ZainudinGEORGE TOWN, Jan 9 — Penang presented a total allocation of RM1.02 million to 21 mission schools in the state today while calling on Putrajaya to give RM10 million 11

January 4, 2018 3:27 PM Tabung Haji: Cost of performing Haj to remain at RM9,980

Muslims pray at the Grand mosque ahead of the annual Haj pilgrimage in Mecca, Saudi Arabia, August 29, 2017. — Reuters picKUALA LUMPUR, Jan 4 — The implementation of the five per cent value-added tax (VAT) by Saudi Arabia will have no direct impact on first-time Haj pilgrims under Tabung Haji’s (TH) package. TH group managing director and chief executive 7

January 4, 2018 11:23 AM Qatar allows full ownership for foreign investors

Overseas investors will be able to fully own businesses in almost all economic sectors but they are not allowed to purchase real estate or own franchises. — AFP picDOHA, Jan 4 — Qatar has approved legislation allowing 100-per cent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said today 9