KUALA LUMPUR: There are no plans to reintroduce the Goods and Services Tax (GST) because it is a form of broad-based consumption tax that could burden Malaysians at the lower-income group, said Finance Minister II Datuk Seri Amir Hamzah Azizan (pic).
“It is a form of broad-based consumption tax and therefore, it isn’t a suitable time to reintroduce it, as Malaysians, especially those with low-income, are facing cost of living challenges,” said Amir during Prime Minister Question Time (PMQT) in Parliament on Tuesday (March 5).
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