I think if Bursa follow Spore SGX there won't be 6% gst for shares or bond purchase.
However in Singapore 7% Gst is applicable to both new and 2nd hand properties.
So don't need to worry about Gst for share trading.
If you still contemplate about buying that new or 2nd hand property better buy now before others are aware. After April 2015 All will have to pay extra Gst fpr property purchase
If not mistaken, no gst applicable for residential houses n property for argiculture. Meaning both are excerpted. Please someone clarify or double confirm.
Thanks Calvin. By the way do you know what is the cost of oil produce in malaysia? Is malaysia is a net big exporter, ie % high compare to import? Any forecast oil price bottom?
Thanks again Calvin, can I assume if USA produce quite a lot again beside OPEC n Russia, the oil price will quite difficult to see the high level as before in soonest time. Meaning oil n gas counter is difficult to see the high price as before.. Think better stay side line for time being.
US manipulate crude oil price in slow down some country growth where their economy are heavily depending on oil export. With the development of shale oil + technological advancement estimate by yr 2018. US will not need to import any oil (able to self sustain). And by that time, OPEC and oil export country will be in deep trouble.
Sigh. What I am worrying is not the price of oil and loss of profits. I worry about the price war that drive the producers to pump more every day to maintain their market share which will cause great calamities to our earth and we are bound to see more earthquakes, Tsunamis, global warming, etc. The position of the sun has moved from the East to about the North of my house in the last 4 years. The Earth's axis has tilted. Our lives are threatened. GST is nothing compared to the natural disasters going to befall us.
ohh my god..luckily I am specialism in biology also if not really fainted in those biodiversity term.......
Government really AWESOME to specified everything....
thanks your government
Posted by AyamTua > Mar 29, 2015 12:48 AM | Report Abuse
My Dear Master Frodo Duit,
Much has been said (and not said) about the Goods and Services Tax ( GST) which is coming into effect in 2015. Whilst the government assured people that essential items will not be taxed; we wanted to know exactly what these ‘essential’ items are. We finally got our paws on the full exemption list and though we can’t stick the whole 30 odd pages here; we found some items worthy of mention simply because they made us chuckle.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kc3255ck
98 posts
Posted by kc3255ck > 2014-12-13 15:01 | Report Abuse
that mean we will lose 6% after buying share immediately?? WTF!!