Business owners are reminded that their annual turnovers could be monitored by the Customs Department through their income tax returns and income statements. As such, businesses with annual turnovers in excess of RM500,000 must register themselves with the Customs Dept under the GST Act.
A Universiti Kebangsaan Malaysia (UKM) lecturer lost his appeal today to reverse a High Court's dismissal of his RM1 million defamation suit against a Malaysian Islamic Training Institute (ILIM) former officer over an article on the "Wahhabi ideology."
The Federal Court here today gave the nod to the Selangor State Assembly and two others to appeal against a High Court ruling which quashed its summons compelling lawyer Datuk Mohd Hafarizam Harun to appear before the House Rights and Privileges Committee.
The Malaysian Institute of Economic Research (MIER) expects Malaysia's Gross Domestic Product (GDP) to moderate below six per cent for the third quarter (Q3) due to the softening business conditions and higher import growth as compared to exports.
A legal expert says it may be necessary to incorporate detention without trial in the proposed Anti-Terrorism Act if the government is really serious about enacting fresh laws to fight terrorism in the country.