Govt may reintroduce GST by 2022 or 2023, says Affin Hwang Research


The Sales and Services Tax (SST) may make way for the reintroduction of the GST.

KUALA LUMPUR: Malaysia may look at a possible implementation of the Goods and Services Tax (GST) in the medium term, likely by 2022 or 2023 to help correct the government’s fiscal position and to boost revenue.

Affin Hwang Capital Research chief economist Alan Tan said it would not be an immediate implementation as various plans and decisions need to be made in terms of rates and tax treatments.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GST , SST , Affin Hwang Capital Research , Alan Tan

Next In Business News

Pursuing the Elixir of growth
The AI finance revolution
Energy crunch singes New Delhi street stalls
A winner in medals
Winners and losers in carbon-priced climate
A time of carbon reckoning
Gulf luxury car profits under siege
Oil & war the big woes
‘Mr Brexit’ made winning�calls amid Iran war
Impact assessment timely for�construction sector

Others Also Read