Lawyers' group slams govt for using 3Rs to justify use of Sedition Act, reminds Pakatan of its previous stand
Rafizi says Economy Ministry to brief Sarawak govt on Padu, claims no leakages despite over two million attack attempts each weekPrime Minister Datuk Seri Anwar Ibrahim said 50 per cent of non-tax revenue was from investment income including dividends from Petronas, Bank Negara Malaysia and Khazanah Nasional Bhd.
Anwar, who is also the finance minister, said 50 per cent of non-tax revenue was from investment income including dividends from Petronas, Bank Negara Malaysia and Khazanah Nasional Bhd.He said this in response to a proposal from Datuk Mohd Shahar Abdullah who suggested that the government focus on non-tax revenue from GLC and GLIC investments to increase the country’s revenue, as opposed to raising the service tax rate from six per cent to eight per cent.
Earlier, Anwar said the government expects to collect revenue amounting to RM3 billion through raising the service tax rate from six per cent to eight per cent. He said the increase in tax rate starting from March 1, 2024 focuses on activities related to discretionary services and activities between businesses that do not directly involve the people.“The service tax for food and beverages and telecommunications has not been increased and remains at six per cent. Utility expenses such as water and petrol remain exempt from sales and service tax,” he said.
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