The Arunachal Pradesh Assembly on Thursday passed four key bills, including ones that make amendments in GST clauses and facilitate a business-friendly environment for investors. The bills passed by the assembly are the Arunachal Pradesh Civil Courts Bill, the Arunachal Pradesh Goods and Service Tax (Amendment) Bill, the Arunachal Pradesh Ease of Doing Business Bill and the Arunachal Pradesh Municipal Corporation (Amendment) Bill. Deputy Chief Minister Chowna Mein, who had introduced the Arunachal Pradesh Goods and Service Tax (Amendment) Bill, told the assembly that amendments in various clauses have been made keeping in view the present situation. Mein, who also holds the finance, planning and investment portfolios, said the objectives of the Arunachal Pradesh Ease of Doing Business Billl are to bring about regulatory reforms, create an investment-friendly ecosystem, and make it easier to obtain permits online.
Malaysia collects over 100 million USD of digital service tax 15:41 | 30/12/2020
Malaysia collects over 100 million USD of digital service tax
Kuala Lumpur - The Malaysian government has so far collected 428.07 million RM (105 million USD) from digital service providers since the start of the enforcement of the Digital Services Tax early this year, said Deputy Finance Minister Abd Rahim Bakri.
He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones.
This is a new source of revenue for the country and will be enhanced in the future, he said at the debate on the Service Tax (Amendment) Bill 2020 on December 29.
KUALA LUMPUR (Dec 29): The government has so far collected RM428.07 million from digital service providers since enforcement of the Digital Services Tax early this year, said Deputy Finance Minister I Datuk Abd Rahim Bakri.
He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones. This is a new source of revenue for the country and will be enhanced in the future. This collection is not only imposed on local digital service providers, but we have also started efforts to impose the tax on foreign digital service providers,” he added.
Govt collects more than RM400 million in Digital Service Tax 29 Dec 2020 / 14:40 H. Pix for representational purpose only.
KUALA LUMPUR: The government has so far collected RM428.07 million from digital service providers since enforcement of the Digital Services Tax early this year, said Deputy Finance Minister I Datuk Abd Rahim Bakri.
He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones.
“This is a new source of revenue for the country and will be enhanced in the future. This collection is not only imposed on local digital service providers, but we have also started efforts to impose the tax on foreign digital service providers,” he added.
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