" The government is mulling a capital gains tax on profits from specific stock market activities, including IPOs. 10% capital gains tax to be introduced from March 1. This applies to the sale of shares for listed local companies. "
It’s the most infamous Black Friday the 13th of BURSA , kaw kaw. This is the first capitals flight from Bursa. LGE also no guts to do CGT but AhWar has the guts to do CGT. Money will run to whoever treats money best, like in non CGT Spore.
i3lurker its Black Friday the 13th BURSA dies 13/10/2023 4:56 PM
LGE also no guts to do CGT but AhWar has the guts to do CGT. Do you feel AhWar no guts to implement Bursa CGT? Funny lah you
klee Is 'mulling ' only,tahu tak? After all panic sell govt will not implement after 'careful' considerations.Funny ppl read so much into a word. 13/10/2023 5:38 PM
klee Me love panic sellers,esp rr88 kikiki 13/10/2023 5:39 PM
klee And what is 'specfic'? tahu tak? if not wait for clarification la. 13/10/2023 5:40 PM
As for hike in sales and service tax, I would rather prefer GST of 6%, instead of SST 8%. Now your car service and eating out will cost more on top of price hike by the vendor/ restaurant owner.
https://youtu.be/f6N1UOQBHkY?si=wCawFWizrD5fD_GW Budget 2024: RM72mil allocated for Malaysia's Olympic gold quest. Spending wisely la. You tax people left, right, top and bottom. Now you spend 72 million just to get a Olympic Gold medal… not worth it la.
When the country's Budget keeps spending like no tomorrow, they need more and more Taxes of every kind. So, they are saying to Tax the Rich and help the poor?.......Poor don't need the daily necessities? It's Taxes across the board and lesser for individual or family to spend......BUT LIKE THEY SAY, COUNTRY COMES FIRST.......vomit blood!
stockraider, You are right. SST goes to 10% in 2025 budget or GST = 5%, let the people choose. Nobody complains when government implements GST 5% la. AhWar very panlai la. GE coming people will not complain about GST. LGE infamous GST makan Maggiemee song PN can’t sing in public.
Posted by stockraider > Oct 14, 2023 12:46 PM | Report Abuse
Govt veli panlai mah! Skrg SST naik to 8% loh! Next yr implement GST at 5% compare to SST 8% govt jadi hero mah!
no need panic la.... already gain taxes from every share buys/sell no point to disturb bursa Capital Capital also means Assets.... Assets gain is CPG for sure ( business sold ) , I think those listed selling their business also will kena not the which is indirect to shareholders
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Posted by Income > 2023-10-13 15:29 | Report Abuse
CGT kambing. I better run to Spore first. Bursa can’t go up but still want to apply CGT in Bursa???