PMX: No GST until people’s minimum income reaches RM4,000
by DayakDaily Team KUCHING, Nov 12: The government will not reintroduce the Goods and Services Tax (GST) as long as the people’s minimum income remains low or below RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim. He stressed that the decision was based on economic considerations and the people’s well-being, rather than political factors as alleged by certain quarters. “If the people’s minimum income reaches RM4,000, we can review the implementation of the GST because the tax would not…
Prime Minister Anwar Ibrahim stated that the government will not reintroduce the Goods and Services Tax until the people's minimum income reaches RM4,000. He affirmed that the Sales and Services Tax will be retained, with potential adjustments to address issues like double taxation.
The government will not reintroduce GST while minimum income remains below RM4,000.
Anwar stated the decision is based on economic considerations, not political factors.
The Sales and Services Tax will be retained, with possible adjustments for double taxation.
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KUCHING, Nov 12: The government will not reintroduce the Goods and Services Tax (GST) as long as the people’s minimum income remains low or below RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.
He stressed that the decision was based on economic considerations and the people’s well-being, rather than political factors as alleged by certain quarters.
“If the people’s minimum income reaches RM4,000, we can review the implementation of the GST because the tax would not be considered overly burdensome and could generate better revenue.
“However, our people’s income is currently still at a low level,” he said in the Dewan Rakyat today, according to a TVS report.
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