‘Bring GST back, but at lower rate’

Bring it back: The GST was introduced in April 2015 but scrapped three years later. — NORAFIFI EHSAN/The Star

KUALA LUMPUR: With RM500bil in tax leakages and the federal debt reaching RM1.2 trillion, it is time the government reintroduced the Goods and Services Tax (GST), says the Malay Chamber of Commerce Malaysia (MCCM).

Its president Norsyahrin Hamidon said reintroducing the GST will increase the government’s income and it will be able to directly inject the additional revenue into people’s pockets by providing them with monthly cash aid.