Goods & Services Tax (GST)

Dubbed the ‘Emerging Stronger Together’ Budget, the additional measures builds on the support unveiled in 2020’s Budget packages.

Now that elections are over, the government will refocus efforts on job creation amid the Covid-19 recession.

Malaysia will be among the beneficiaries if China resumes its consumption of goods and services.

To cushion the Singapore economy from the impact of the coronavirus outbreak and tackle longer-term structural challenges that could present greater downside risks to the republic, Budget 2020 will rack up the widest planned fiscal deficit since the Globa

SINGAPORE (Feb 22): While the Goods and Services Tax took a back seat in this year’s Budget, apart from adjustments to the GST import reliefs for travellers, businesses were looking forward to a Budget boost that would make it easier for them to navigat

SINGAPORE (Aug 23): Malaysia’s Finance Ministry yesterday said that the previous Barisan Nasional (BN) government did not refund RM16.05 billion ($5.35 billion) in excess income tax and real property gains tax (RPGT) paid by taxpayers as of May 31, 2018

SINGAPORE (May 25): Malaysia’s decision to zero-rate the Goods and Services Tax from June 1 is widely expected to provide a small boost to consumer sentiment. Last year, GST revenue was RM44.3 billion ($15 billion) — equal to 3.3% of Malaysia’s GDP.

(May 11): Mahathir Mohamad said he’d lead a business-friendly administration and seek ways to boost Malaysia’s stock market in his first remarks after being sworn in as prime minister.

SINGAPORE (Feb 21): Singaporeans have dodged the bullet of higher consumption taxes, at least for the next three years. They should thank their new BFF -- the bond market.

SINGAPORE (Nov 28): Chances are high that the Goods & Services Tax (GST) will be raised in Budget 2018, says DBS.