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Malaysia Budget 2014: 6% GST, Sugar Subsidy Cut, more BR1M
Oct26

Malaysia Budget 2014: 6% GST, Sugar Subsidy Cut, more BR1M

Malaysia Budget 2014 was being announced by Prime Minister Dato’ Sri Mohd Najib Razak in the Dewan Rakyat yesterday on 25th October 2013. Implementation of 6% Goods and Services Tax (GST) rate effective 2015 with a new income tax structure, abolishment of the 34 sen sugar subsidy and increased BR1M payments were among the main highlights of the Budget 2014. The Budget 2014 is formulated based on the theme “Strengthening...

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